It is assumption of quantity theory of money:

Related MCQs

• If quantity of money increases 100%, other things remaining constant, value of money changes by:
• Quantity Theory of Money explains that:
• If we put this letter in the blank space, we get quantity theory of money PY = M
• In the equation PY = MV showing quantity theory of money. Y represents:
• Which of the following is not an assumption of classical theory?
• The quantity demanded of money rises:
• Velocity of circulation of money means the number of times a unit of money
• When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is:
• Value of money and supply of money are related:
• Which property the paper money does not possess: