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In the Quantity Theory of Money Fischer states that, while other things remains thesame,

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Question:

In the Quantity Theory of Money Fischer states that, while other things remains thesame,

A.

Price level varies directly with the quantity of money

B.

Price level varies inversely with the quantity of money

C.

Value of money varies directly with the quantity of money

D.

None of the above

Answer» a. Price level varies directly with the quantity of money

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