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Kyuubi Kyuubi
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7 years ago
If Y represents income and M represents the money supply, then the expression Y = Y(M) means that:
A) income is a function of the money supply
B) changes in the money supply will not cause changes in income
C) income is independent of the money supply
D) the money supply is a function of income
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
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#1
7 years ago
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