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.
A number n when divided by 6, leaves a remainder 3. What will be the remainder when (n2 + 5n + 8) is divided by 6?
When a number is divided by 19, the quotient is 145, and the difference between the quotient and the remainder is 134. Find the number.
An eight-digit number, 9x54y32 is divisible by 72. Find the maximum possible value of x + y.
Which of the following numbers is divisible by 11?
An eight-digit number, 73x216y4 is divisible by 72. Find the maximum possible value of x + y.
If 'x' is the smallest positive integer divisible by 9, 15, and 28, then determine the second smallest positive integer that is divisible by all three o...
If 65x is a three-digit number and it is divisible by 6, what can be the value of the digit x?
Which of the following numbers is divisible by 11?
Find the greatest number 23a68b, which is divisible by 3 but NOT divisible by 9.
What will be the remainder when 577Â + 87Â is divided by 13?