3. According to the quantity theory of money, which variable in the quantity equation is most stable
Question:
3. According to the quantity theory of money, which variable in the quantity equation is most stable over long periods of time?
a. money
b. velocity
c. price level
d. output
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
Question Posted: