What does the equation of exchange, M V = P Q, help to explain?

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What does the equation of exchange, M × V = P × Q, help to explain?

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Question Posted: Dec 08, 2015 05:54 AM

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What does the equation of exchange, M V = P Q, help to explain?

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The equation of exchange helps to explain the longrun relationshi...View the full answer

Core Macroeconomics

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