In the equation of exchange, the concept that provides the link between M and PY is called

"Ceteris paribus" refers to the idea that if more than two variables are graphed, only one variable must be held constant

Indicate whether the statement is true or false

Given the U.S. price level P, the foreign country price level P*, and the real exchange rate RER in foreign currency per U.S. dollar, the nominal exchange rate E would be given by

A) E = RER × (P/P*). B) E = RER × (P*/P). C) E = (P/P*) / RER. D) E = P × (RER/P*).