Which of the following equations correctly describes the quantity equation in terms ofpercentage rate of change? ? means "change in."

A) %?M÷%?V=%?P x %?Y
B) %?M+%?V=%?P+%?Y
C) %?M÷%?V=%?Y÷%?P
D) %?M x %?V=%?P x %?Y


Ans: B) %?M+%?V=%?P+%?Y

Economics

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