It is assumption of quantity theory of money:
A) Quantity of traded goods increases
B) Velocity of circulation of money constant
C) Govt. imposes new taxes
D) (a) and (b) of the above
Correct Answer:
Verified
Q15: If quantity of money increases 100%, other
Q16: For the economy, prices are beneficial:
A)Falling slowly
B)Rising
Q17: Value of money means:
A)Gold purchased by money
B)General
Q18: Value of money and supply of money
Q19: They are not affected badly by rising
Q20: Inflation:
A)Makes distribution of income equal
B)Makes distribution of
Q22: If we put this letter in the
Q23: In the equation PY = MV showing
Q24: Demand-pull inflation may be caused by:
A)An increase
Q25: Inflation:
A)Always reduces the cost of living
B)Always reduces
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