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Author Question: The equation of exchange is a(n) a. identity relating the volume of transactions at current ... (Read 113 times)

Starlight

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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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Answer to Question 1

D

Answer to Question 2

True




Starlight

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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