Q
The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?
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A
A. Prices, wages, output and employment
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B
B. Output prices, employment
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C
C. Nominal money, the price level, output and employment
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D
D. Nominal money output prices
Correct Answer:
C. C. Nominal money, the price level, output and employment