The number of times a unit of money exchanges hands during a unit period of time is known as

Related MCQs

• According to the Quantity Theory of Money, the value of money depends upon
• Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?
• Who stated, “Money is what money does”?
• Paper money is called fiat money because
• If the quantity of money increases 100%, other things remaining constant, value of money changes by
• Value of money and supply of money are related
• High-powered money is also known as
• Derivative deposits are created during the time of –
• The technique of production in which the amount of capital used per unit of labour is larger than that of labour is known as
• The value of money in Fisher’s equation is determined by