In classical system which of the following keeps the economy at full employment:
A) level of saving
B) increase in money supply
C) adjustment in investment
D) adjustment in money wages
Correct Answer:
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Q9: The cash balance equation M = KPO
Q10: In the equation MV+ MI VI =
Q11: I classical demand for money, the relationship
Q12: As per classical theory saving is:
A)an increasing
Q13: The Cambridge version of the quantity theory
Q15: In Fisher's equation of exchange MV=PT, the
Q16: In classical theory which of the following
Q17: In MV=PT, if M doubles and V
Q18: Pigou's version of Cambridge equation is:
A)m =
Q19: The quantity theory of money was restated
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