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sesenic [268]
3 years ago
6

Please help me with this question it’s due today

English
1 answer:
klemol [59]3 years ago
6 0
The correct answer is A. a public school
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3 years ago
(a) Explain the quantity theory and (b) how does the theory explains the cause of inflation​
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Kindly check explanation

Explanation:

The quantity theory generally represented by the formula:

MV = PT

Where ;

M, money supply, that is monet in the economy

V, velocity of money, which shows the rate at which money is used to obtain a finished product.

P ; average price level

T ; volume of transactions, good and services transacted in. the economy

​

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