Question
Which of the following statements is NOT correct in the
context of quantity theory of money?Solution
According to the quantity theory of money, the quantity of money available determines the price level in the economy and the growth rate in the quantity of money available determines the inflation rate in the economy. Moreover, because money is neutral, the economy’s output is determined by factor supplies and technology . However, it is not necessary for the velocity of money to increase with the increase in the quantity of money.
If 60 [15] 3 and 108 [63] 7, then what is the value of A in 156 [A] 16?
- ‘Earthquake’ is related to ‘Seismograph’, in the same way as ‘Blood Pressure’ is related to ‘____’.
65 : 31 :: 72 : ? :: 34 : 19
If 47 # 56 = 159 and 28 # 38 = 104, then 35 # 49 = ?
- Which of the following will best complete the relationship given below?
HOUSE: 27 :: POWER:? :: MAGIC: 22 62 people are participating in a tournament. Each one has to play with every other person. If 20 persons are disqualified before the start of the tourn...
From among the given alternatives select the one in which the set of numbers is most likely the set of numbers given in the question.
Given se...
we arrange all the letters of the word PERFORMANCE in the alphabetical order from the left end, then the position of how many letter(s) will remain unch...
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
<...- Select the option that is related to the fifth element in the same way as the second element is related to the first element and the fourth element is rela...
