In the equation MV = PY, V represents:
A) Value of money
B) Velocity of circulation of money
C) Variation of nation income
D) All of the above
Correct Answer:
Verified
Q15: Treasury Bill is a document used for:
A)A
Q16: Which does NOT represent a method of
Q17: Which is NOT a desirable characteristic of
Q18: According to Keynes people demand money for
Q19: Speculative demand for money depends upon:
A)Income
B)Investment
C)Rate of
Q20: If money supply in a country decrease:
A)Prices
Q22: In the equation MV = PY, M
Q23: According to Keynes, motives for holding money
Q24: Quantity Theory of Money explains that:
A)Value of
Q25: Cross cheque has a cross sign (X)
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