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Author Question: The equation of exchange is a(n) a. identity relating the volume of transactions at current ... (Read 105 times)

Starlight

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on: Jun 30, 2018
The equation of exchange is a(n)
 
  a. identity relating the volume of transactions at current prices to the stock of money times the turnover rate of each dollar.
  b. truism and by itself does not explain the variables it contains.
  c. identity relating the volume of transactions at base year prices to the stock of money times the turnover rate of each dollar.
  d. Both a and b
  e. Both b and c

Question 2

On the eve of the American Revolution, the majority of colonists were naturally born in the colonies rather than immigrants from elsewhere.
 
  Indicate whether the statement is true or false


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Moriaki

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

True


Starlight

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ryansturges

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Reply 3 on: Yesterday
Excellent

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