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    Principles of Economics Study Set 2
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    Exam 30: Inflation: Its Causes and Costs
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    Based on the Quantity Equation, If M = 15, V
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Based on the Quantity Equation, If M = 15, V

Question 22

Question 22

Multiple Choice

Based on the quantity equation, if M = 15, V = 3, and Y = 30, then P =:


A) 1/5
B) 1.2
C) 15
D) 1.5

Correct Answer:

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