How can the Cambridge equation be restated according to Friedman’s mon
How can the Cambridge equation be restated according to Friedman’s money demand theory?
a. Md = k(rB, rE, rD)Py
b. Md = k/Py(rB, rE, rD)
c. Md = Py/k(rB, rE, rD)
d. Md = (rB, rE, rD)Py/k
ANSWER
A
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