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In the quantity theory of money, MV=PQ. O V stands for velocity. O M stands for motion. O P stands for progress O Q stands
In the quantity theory of money, MV=PQ. O V stands for velocity. O M stands for motion. O P stands for progress O Q stands for quickness.Which of the following diminishes the effectiveness of fiscal policies? O There is always the tendency for politicians to protect their turf. O Pressure put upon politicians from special interest groups. O So much of the national budget is in the areas of income security and national defense. O All of the above. Question 29 Which of the following is a possible result of a wage-price freeze? O Prices can increase more after the freeze because sellers tend to expect future freezes. Prices are not allowed to increase. O Wages are not allowed to increase. O All of the above
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