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bedau bedau
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6 years ago
What key assumption changed the quantity equation into the quantity theory of money?
A) Wage rates were flexible.
B) Only cash, currency, and demand deposits were considered money.
C) The velocity of money was relatively stable.
D) The money supply grew at a steady rate over the long run.
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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bedau Author
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#2
5 years ago
Answer is 100% right, tysm
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