If other things remaining the same, the quantity of money in Fisher’s approach has (a) direct proportional relationship with price level. (b) direct proportional relationship with value of money. (c) inverse proportional relationship with price level. (d) no relation with the value of money.

If other things remaining the same, the quantity of money in Fisher’s approach has
(a) direct proportional relationship with price level.
(b) direct proportional relationship with value of money.
(c) inverse proportional relationship with price level.
(d) no relation with the value of money.
by

1 Answer

Answer :

(a) direct proportional relationship with price level.
by

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