freakgreek freakgreek

19-04-2022
Business

contestada

The quantity theory of money states
that MV = PQ.
Given:
M= 30
V = 50
P = 10

What value would "Q" need to be to balance
the equation?

A. 50

B. 100

3. 150

Respuesta :

AfterPatty AfterPatty

20-04-2022

Answer:

3. 150

Explanation:

Substitute the letters for the numbers and solve.

MV = PQ=

30×50 = 1500

10 × 150 = 1500

Q= 150

Answer Link

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