Which of the following variables are assumed to be more or less constant in the quantity theory of money equation?
a. The price level
b. The real GDP
c. The money supply
d. The nominal GDP
e. The velocity of money
e
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The reduction in the U.S. government deficit in the early 1990s was the result of strong economic growth
a. True b. False Indicate whether the statement is true or false
According to the efficient market hypothesis
a. changes in the prices of stocks are predictable. Evidence shows that managed funds typically do better than indexed funds. b. changes in the prices of stocks are predictable. Evidence shows that indexed funds typically do better than managed funds. c. changes in the prices of stocks are not predictable. Evidence shows that managed funds typically do better than indexed funds. d. changes in the prices of stocks are not predictable. Evidence shows that indexed funds typically do better than managed funds.