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Create 4 caselets for 4 circumstances in QTM (M)(V)=(P)(T), I.e., (1) M- increased and decreased money supply; (2) V- increased and decreased velocity of money

Create 4 caselets for 4 circumstances in QTM (M)(V)=(P)(T), I.e., (1) M- increased and decreased money supply;

(2) V- increased and decreased velocity of money (circulation or the number of times money are passed from one hand to another) all others unchanged;

(3) P- increased and decreased average price level, all others unchanged;

(4) T increased and decreased volume of transactions of goods and services, all others changed.

Study how the values of each component are expressed.

Answer the following:

Define the Quantity Theory of Money Explain the Fisher Theory Expression What are the implications of each of the scenarios above, i.e. #1, #2, #3, and #4, using the Fisher equation to illustrate.

USE THE IMRAD METHOD + ABSTRACT FOR THE WHOLE ARTICLE + PUT TITLE I - INTRODUCTION M - METHODOLOGY RaD - RESULT and DISCUSSION CONCLUSION

INTRODUCTION SHOULD BE IN S.P.I.N. METHOD S - SITUATION P - PROBLEM I - IDEA N - NEED

Cite your sources in AP.A format, do not copyyypaste, but paraphrase. Avoid plagiarisssm.

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