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I classical demand for money, the relationship between money supply and price level is:

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Question:

I classical demand for money, the relationship between money supply and price level is:

A.

Proportional

B.

Non-proportional

C.

Neither proportional nor non-proportional

D.

None of these

Answer» b. Non-proportional

Note: The above multiple-choice question is for all general and Competitive Exams in India.