I classical demand for money, the relationship between money supply and price level is:

Related MCQs

• Supply curve represents -------- relationship between quantity and price
• When both the price of a substitute and the price of complement of X rises, the demand for X:
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is
• The classical economists believed that the demand for labour is a function of:
• Relation between price of a commodity and demand for another commodity is measured by:
• The quantity theory of money is primarily a theory of demand for money is stated by:
• If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be:
• In classical theory the equality between saving and investment is brought about by: