AP Macroeconomics Question 181: Answer and Explanation

Test Information

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Question: 181

5. In the equation of exchange

  • A. M stands for the money supply and Q stands for quality.
  • B. V stands for the velocity of GDP and Q stands for quality.
  • C. P stands for the price level and Q stands for quarter.
  • D. P stands for the price level and V stands for the velocity of money.
  • E. P stands for population and V stands for the velocity of money.

Correct Answer: D

Explanation:

(D)