Given the equation of exchange set forth by the quantity theory of money (M×V=P×Q) , where M is the supply of money, V is the velocity of money, P is the price level, and Q is real output, which of the statements best defines P ? The quantity of goods and services produced within an econony. The total amount of currency, coins, and banking sector. The average of level of prices for a given basket of goods. The average number of times a dollar is spent in a given period of time.

Answerappear in the code of federal regulations(cfr); ; ; broken down into parts;

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head. 

The answer is financial system