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Author Question: If M stand for the money supply, V for the velocity of money, P for the average selling price, and Q ... (Read 26 times)

leo leo

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on: Jun 30, 2018
If M stand for the money supply, V for the velocity of money, P for the average selling price, and Q for the output of goods and services, the equation of exchange is MV = PQ.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

To be counted as unemployed, a person must be looking for a job.
 a. True
  b. False
  Indicate whether the statement is true or false


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tuwy

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

True

Answer to Question 2

True


leo leo

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  • Posts: 566
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ryansturges

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  • Posts: 338
Reply 3 on: Yesterday
Wow, this really help

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