In the equation MV = PY, M represents:

Related MCQs

• In the equation MV = PY, V represents:
• In the equation PY = MV showing quantity theory of money. Y represents:
• The equation of exchange PT = MV was given by:
• Which one is equation of exchange?
• In the equation C = 60 + 0.6 Y, MPC is
• A saving account in a bank represents the function of money: