The cash balance equation 𝑀𝑀 = 𝐾𝐾𝐾𝐾𝐾𝐾 was given by

Related MCQs

• The value of money in Fisher’s equation is determined by
• According to Cambridge equation, the value of money depends upon
• The degree of relationship between the demand for and the supply of money in Fisher’s equation will be
• In the equation 𝑀𝑀𝑀𝑀 = 𝑃𝑃𝑃𝑃, 𝑉𝑉 𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑡𝑡𝑡𝑡
• In the equation 𝑀𝑀𝑀𝑀 = 𝑃𝑃𝑃𝑃, 𝑀𝑀 𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟𝑟
• Equation of exchange is associated with
• Equation of exchange is converted into the quantity theory of money by assuming the following variables as constants
• Fisher equation of exchange states that
• In the Fisher’s extended equation of exchange MI VI represents
• Fisher’s equation of exchange considers money as