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    Money Banking and Financial Markets
  4. Exam
    Exam 19: Quantity Theory, inflation and the Demand for Money
  5. Question
    Irving Fisher Took the View That the Institutional Features of the Economy
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Irving Fisher Took the View That the Institutional Features of the Economy

Question 2

Question 2

Multiple Choice

Irving Fisher took the view that the institutional features of the economy which affect velocity change ________ over time so that velocity will be fairly ________ in the short run.


A) rapidly;erratic
B) rapidly;stable
C) slowly;stable
D) slowly;erratic

Correct Answer:

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