Velocity of money) is predictable and otherwise unchangeable

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Another group of economists, those who hold to the quantity theory of money, believe that V (the velocity of money) is predictable and otherwise unchangeable and that Q (the quantity of goods and services produced) is steady. Is their view of the economy consistent with the Keynesian view, the classical view, or neither? Describe. This is AP Macroeconomics.

Reference no: EM13686694

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