The essential condition to act as money is:

Related MCQs

• I classical demand for money, the relationship between money supply and price level is:
• The quantity theory of money is primarily a theory of demand for money is stated by:
• The normal condition of a capitalist economy in classical theory is:
• LM curve shows the equilibrium condition in ---------- market
• The cost expressed not in terms of money but in terms of efforts of workers undergone for making the commodity
• Excess demand for money, according to Say’s law in the Economy:
• The Cambridge version of the quantity theory of money was developed by:
• The quantity theory of money was restated by:
• Classicals treated money as a:
• When there is an increase in the autonomous money supply, ceteris paribus, LM shifts: