The V in the equation of exchange represents the:
a. variation in the GDP.
b. variation in the CPI.
c. variation in real GDP.
d. average number of times per year a dollar is spent on final goods and services.
d
Economics
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What effect does the payment of government unemployment insurance have on the unemployment rate?
What will be an ideal response?
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If income rises and the demand for toothbrushes stays the same, income elasticity of toothbrushes is said to be unit elastic
a. True b. False
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