Which of the following equations represents the equation of exchange?
A) PM = VY
B) MY = PV
C) MV = PY
D) M = VP/Y
C
Economics
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Of the following high-income countries, which has the highest life expectancy at birth?
A) Canada B) Japan C) the United Kingdom D) the United States
Economics
National income is
a. the sum of all wages and salaries, interest, rent, and profits in the economy. b. equal to the money value of national output. c. the before-tax income of all individuals in the economy. d. All of the above are correct.
Economics