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.
Four of the following five are alike in a certain way and thus form a group. Which of the following does not belong to the group?
In which direction E standing with respect to I?
A man starts walking 14 meters east, then turns left and walks 7 meters. He then turns left again and walks 14 meters. He then again turns left and goes...
What is the direction of point X with respect of point V?
What is the shortest distance between Point P and Point O?
Prabhu starts from a point and walks 3 km west and the turns right and walk 3 km and turns left and walk 3 km again. He starts towards a point 3 km towa...
Study the following information carefully and answer the given questions:
A person starts walking from point D to the east direction and wa...Kiran started her journey from her house in north direction and after moving 9m, she stops at Point M. From there she moves 14m to her right and stops ...
What is the direction of point I with respect of point F?
CFIM, AXVS, MPSV, ?
