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  3. Study Set
    Macro Economics 1
  4. Exam
    Exam 1: Classical Economic Theory
  5. Question
    In the Equation MV+ MI VI = PT, 'M 'Denotes
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In the Equation MV+ MI VI = PT, 'M 'Denotes

Question 19

Question 19

Multiple Choice

In the equation MV+ MI VI = PT, 'M 'denotes:


A) velocity of money
B) money in circulation
C) bank deposit
D) none of these

Correct Answer:

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