Some economics, notably Keynesians, believe that _______________. Group of answer choices A. since both V and Q are constants for an economy in short-run equilibrium, the equation of exchange becomes the quantity theory of money which explains prices B. even though velocity isnt constant, it is predictable C. If a change in M occurs, it may not only affect P, but also and at the same time affect Q
Some economics, notably Keynesians, believe that _______________. Group of answer choices A. since both V and Q are constants for an economy in short-run equilibrium, the equation of exchange becomes the quantity theory of money which explains prices B. even though velocity isnt constant, it is predictable C. If a change in M occurs, it may not only affect P, but also and at the same time affect Q
Chapter27: Issues In Macroeconomic Theory And Policy
Section: Chapter Questions
Problem 13P
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Some economics, notably Keynesians, believe that _______________.
Group of answer choices
A. since both V and Q are constants for an economy in short-run equilibrium, the equation of exchange becomes the quantity theory of money which explains prices
B. even though velocity isnt constant, it is predictable
C. If a change in M occurs, it may not only affect P, but also and at the same time affect Q
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