Home / Questions / Discuss the quantity theory of money. Be sure to mention the velocity of circulation and t
Discuss the quantity theory of money. Be sure to mention the velocity of circulation and the equation of exchange.
49) Define the quantity theory of money and show how it is related to the equation of exchange.
50) What is the equation of exchange? Suppose that real GDP and velocity are constant. In this case, what effect will an increase in the quantity of money have?
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