Question: If the quantity of money in circulation is doubled then according to the Fisher equation the value of money will be :
(1) doubled
(2) halved
(3) remain unchanged
(4) unpredictable
Correct Answer: (2) halved
More Question
Question: If the quantity of money in circulation is doubled then according to the Fisher equation the value of money will be :
(1) doubled
(2) halved
(3) remain unchanged
(4) unpredictable
Correct Answer: (2) halved