The cash balance equation M = KPO was given by:

Related MCQs

• In the Cambridge equation of M = kPR, the value of k is:
• In the Fisher’s extended equation of exchange MI VI represents:
• 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:
• Pigou’s version of Cambridge equation is:
• In the equation C = 60 + 0.6 Y, MPC is
• APC is determined by the following equation:
• In the Cambridge equation of M =KPR, the value of “K” is:
• Which of the following equation is wrong?
• MC at any level of output is given by