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efacteau efacteau
wrote...
Posts: 99
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5 years ago
According to the quantity theory of money, a 25 percent change in M, the quantity of money, leads to a 25 percent change in
A) V, the velocity of circulation.
B) P, the price level.
C) Y, real GDP.
D) R, the interest rate.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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Answer verified by a subject expert
hectmurilhectmuril
wrote...
Posts: 34
5 years ago
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efacteau Author
wrote...

5 years ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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