Question
Fisher’s cash transaction equation is expressed
asÂSolution
Fisher’s cash transaction equation is PT = MV . It states that the money supply (M) multiplied by the velocity of circulation (V) is equal to the number of transactions involving money payments (T) times the average price of each transaction (P).
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statements: I < Q = S = T ≤ U ≤ W < X > Y = V
Conclusions:
I. I > Y
II. W ≥ Q
III. T < V
...What will come in place of blank in following below such that both P @ S and V % R are definitely true?
P $ Q @ R _ S $ T © U $ V
i) @ Â ...
In which of the following expression will the expression ‘R > U’ be definitely false?
Statements: N % X & F @ R $ S; Q % N # O
Conclusions:
I. S % X
II. N % F
III. Q @ R
...Statements: M > N = W; J < P = N; Y > P
Conclusions:
I. Y > W
II. M < Y
III. J > M
Statements: O @ G % N & A @ I % P; V $ U & Q # A
Conclusions:
I. N @ U
II. G % V
III. V # I
Which of the following symbols should replace the question mark in the given statement in order to make conclusion 'L > G' as well as 'B > X' definitel...
Statements:Â
A $ B * X © Y @ ZÂ
Conclusions:Â
I. X @ ZÂ
 II. Z * AÂ
III. Z % X
Statements: A ≥ B = C > D = F, H < G ≤ C, C > I ≥ J ≥ E
Conclusions:
I. H > F
II. A > E
III. H ≤ F