What is the name given to the macroeconomic equation MV = PQ?
A. basic velocity of money equation
B. basic quantity equation of output
C. basic quantity equation of money
D. basic velocity of price equation
Answer:C
What is the name given to the macroeconomic equation MV = PQ?
A. basic velocity of money equation B. basic quantity equation of output C. basic quantity equation of money D. basic velocity of price equation
Explanation: Type: Multiple Choice