The quantity theory of money first propounded in 1588 by an Italian Economist

Related MCQs

• Suppose that the money stock is $10 billion, each dollar generates $ 5worth of spending, and the NAIRU is 7%. According to the quantity theory of what is nominal GDP (income)
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• According to New Classical Economist, Business cycle is due to
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• The concepts of inside money and outside money is given by
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• The classical economists focussed on the role of money as
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• Assertion (A) : In liquidity trap, the demand for money is perfectly interest elastic. Reason (R) : Because in this situation, all the investors expect the market rate of interest to rise towards the natural rate of interest. Codes :