Social Sciences, asked by shrutikajalsk12, 16 days ago

fishers equation of currency quantity theory MV=PT true or false​

Answers

Answered by Anonymous
0

Explanation:

According to Keynes, “The quantity theory of money is a truism.” Fisher's equation of exchange is a simple truism because it states that the total quantity of money (MV+M'V') paid for goods and services must equal their value (PT).

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