Statements: T < U = V = W < X < Y; Z = Y < R < S < O
Conclusions:
I. Z > U
II. T < O
T < U = V = W < X < Y = Z Z > U. Hence conclusion I is true. T < U = V = W < X < Y < R < S < O O > T. Hence conclusion II is true.
Fisher’s cash transaction equation is expressed as
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