The quantity theory of money is based upon the equation of exchange and assumes that V and Q are both ________ over time..

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asked Mar 28, 2021 33.7k views

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Massimo Petrus · Answer 1 · 2021-04-03T22:50:59+0000

Answer:

stable

Step-by-step explanation:

The quantitative theory of money is an economic theory that aims to explain the causes of inflation, that is, the variations in prices and the value of money in a country. To explain inflation, the quantitative theory of money relates the money supply to the general price level.

The quantity theory of money is based upon the equation of exchange and assumes that V and Q are both ________ over time..

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