Refer to the table. The outcomes of the three possible sets of paired-choice majority votes illustrate the:

GDP is not a complete measure of well-being

Indicate whether the statement is true or false

The equation of exchange is an ________ while the quantity theory of money is a theory that ________

A) accounting identity; assumes the money supply is constant B) accounting identity; assumes velocity is held constant C) accounting theory; assumes the price level is constant D) accounting theory; economists use to explain changes in real GDP