In Fisher’s transaction velocity model, one of the following is not an assumption:

by
Question:

In Fisher’s transaction velocity model, one of the following is not an assumption:

A.

velocity of circulation of money is constant

B.

the volume of transactions is constant

C.

full employment

D.

p is considered as an active factor

Answer» d. p is considered as an active factor

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