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Most monetarists would say that:

A) the MV = PQ equation provides a better understanding of the macroeconomy than does the C + Ig + Xn + G = GDP equation.

B) most changes in the price level are describeable by changes in the money supply.

C) the velocity of money is quite stable.

D) all of the above are true

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M953071

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