The monetarist equation of exchange is: a. MQ = VP. b. VQ = MP c. MV = PQ d. V = PM divided by Q.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter15: Monetary Policy
Section15.1: Tansmission Mechanism
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The monetarist equation of exchange is:

 

a.

 

MQ = VP.

 

b.

 

VQ = MP

 

c.

 

MV = PQ

 

d.

 

V = PM divided by Q.

 

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