menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Micro Economics 1
  4. Exam
    Exam 4: Classical Economic Theory
  5. Question
    In the Equation MV+ MI VI = PT, 'M 'Denotes
Solved

In the Equation MV+ MI VI = PT, 'M 'Denotes

Question 6

Question 6

Multiple Choice

In the equation MV+ MI VI = PT, 'M 'denotes:


A) Velocity of money
B) Money in circulation
C) Bank deposit
D) None of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: An Essay on the Nature and Significance

Q2: The classical economists believed that the demand

Q3: The deductive method is also called<br>A)abstract<br>B)analytical<br>C)priori method<br>D)all

Q4: The word 'Micro Economics and Macro Economics'

Q5: In the Cambridge equation of M =

Q7: In the classical theory, one of the

Q8: I classical demand for money, the relationship

Q9: The Cambridge version of the quantity theory

Q10: The idea that a general cut in

Q11: In the Fisher's extended equation of exchange

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines