Which of the following equations represents the equation of exchange? A) PM = VY B) MY = PV C) ...

Author Question: Which of the following equations represents the equation of exchange? A) PM = VY B) MY = PV C) ... (Read 147 times)

SO00

Hero Member
Posts: 568

on: Jun 29, 2018

Which of the following equations represents the equation of exchange?

A) PM = VY
B) MY = PV
C) MV = PY
D) M = VP/Y

Question 2

Public goods are I. nonexcludable. II. nonrival.

A) I only
B) II only
C) both I and II
D) neither I nor II

b614102004

Sr. Member
Posts: 320

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

C

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