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03-01-2020
Business

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The quantity theory of money is based upon the equation of exchange and assumes that V and Q are both ________ over time..

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04-01-2020

Answer:

stable

Explanation:

The quantitative theory of money is an economic theory that aims to explain the causes of inflation, that is, the variations in prices and the value of money in a country. To explain inflation, the quantitative theory of money relates the money supply to the general price level.

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