Northre\'t Arkansas Cor SC om/ibiscms/mod/ibis/view.php?id 4266180 Bookmarks D N

Question

Northre't Arkansas Cor SC om/ibiscms/mod/ibis/view.php?id 4266180 Bookmarks D NETGEAR Router R61 XPdBiling Statements kitchen sland Scholarship Indo Online Decor St 11.5/1511/19/2017 10:19 PM 1/19/2017 11:59 PM Prin: Gradeb Calculator an 15 of 18 Map dh Sapling Learning The equation of exchange MxV Px Qrelates to the quantity theory of money, In this equation represents the supply of money, V represents the velocity of money, P represents the price level, and Q is real output. Which of the following describes an implication of this equation in the long run? O C O O changes in the money supply (AM) will balance out with changes in prices ( P) Changes in the money supply (AN) will balance out with changes in velocity ( Money supply increases (AM) will directly increase real GDP Both money supply (M) and money velocity (V) are held constant Check Answer 0 Next Exit O Previous Give Up & Vow Souton

Explanation / Answer

the exchange equation in long run reflects that all the changes in money supply are fully reflected by changes in prices in long run, the output and velocity remains as it is.

so answer is A

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.