MCQOPTIONS
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| 1. |
The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______? |
| A. | prices, wages, output and employment |
| B. | output prices, employment |
| C. | nominal money, the price level, output and employment |
| D. | nominal money output prices |
| Answer» D. nominal money output prices | |