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Q. |
## In Fisher’s equation of exchange MV=PT, the variation of which produces a proportional change in price: |

A. | M |

B. | V |

C. | P |

D. | T |

Answer» A. M |

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- Change in demand due to change in relative price alone is called:
- If a small change in price leads to infinitely large change in quantity demanded, then the demand is:
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- Rate of change in savings to change in income:
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