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Q. |
## The Cambridge version of the quantity theory of money was developed by: |

A. | Fisher |

B. | Alfred Marshall |

C. | Pigou |

D. | Keynes |

Answer» C. Pigou |

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- The quantity theory of money is primarily a theory of demand for money is stated by:
- Pigou’s version of Cambridge equation is:
- The quantity theory of money was restated by:
- In the Cambridge equation of M = kPR, the value of k is:
- In the Cambridge equation of M =KPR, the value of “K” is:
- I classical demand for money, the relationship between money supply and price level is:
- The Price and quantity relationship for an inferior good is:
- In the case of normal goods, the quantity demanded varies inversely with:
- The curve showing the quantity of a good that would be purchased at various income levels:
- Other things remaining the same, the quantity of a product demanded increases with ----- in price.