Question
Which of the following statements is NOT correct in the
context of quantity theory of money?Solution
The Quantity Theory of Money assumes that the velocity of money is constant in the short run. It does not necessarily rise with an increase in the quantity of money.
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Person A can complete a certain task in 20 days, while person B can finish the same task in x days. Together, they can complete the task in 12 days. Det...
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A and B can complete a work in 12 days and 16 days, respectively. They start working together, but after 4 days, A leaves the work. C joins B, and they ...
‘A’ can do a piece of work in 15 days. ‘B’ can do 60% of the same work in 20 days. If they work together for the entire time and get paid Rs.145...
Amin, Basha and Cheez can do a piece of work in 90, 40 and 12 days respectively. But they decide. That a single person will work in a day and receive Rs...
- 10 machines can produce 25 items in 5 hours. How long will 8 machines take to produce 40 items?
P and Q can complete a work in 36 days and 54 days, respectively. P, Q and R together can complete the work in 18 days. If R get a total wage of Rs. 594...
‘D’ and ‘E’ together finish a task in 20 days. If ‘D’ is 70% more efficient than ‘E’, how many days will ‘E’ take to complete the ta...
Anand is capable of finishing a task in 36 days when working solo. Akash, being 40% more efficient than Anand, can accomplish tasks quicker. Calculate h...
