In the Cambridge equation of M = kPR, the value of kis:

Related MCQs

• Pigou’s version of Cambridge equation is:
• The Cambridge version of the quantity theory of money was developed by:
• As the value of MPC increases, the value ofmultiplier:
• If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:
• In the Fisher’s extended equation of exchange MI VI represents:
• The cash balance equation M = KPO was given by:
• In the equation MV+ MI VI = PT, ‘M ‘denotes:
• In Fisher’s equation of exchange MV=PT, the variation of which produces a proportional change in price:
• In the equation C = 60 + 0.6 Y, MPCis
• APC is determined by the following equation: