Which of the following statements is NOT correct in the context of quantity theory of money?
According to the quantity theory of money, the quantity of money available determines the price level in the economy and the growth rate in the quantity of money available determines the inflation rate in the economy. Moreover, because money is neutral, the economy’s output is determined by factor supplies and technology . However, it is not necessary for the velocity of money to increase with the increase in the quantity of money.
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Ashish and Anil can do a piece of work in 10 days and 18 days respectively. Ashish completed 75% of the work. Find the time taken by Anil to complete th...
Vijay can do a piece of work in 32 days and Sanjay can do the same work in 48 days. If Vijay works for 2 days and got Rs. 960, and the remaining work wi...
'B' is 37.5% more productive than 'A'. Together, they can finish a task in 40 days. How many days would it take for 'A' alone to complete the entire task?
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