Economics · Monetary Economics
In the Cambridge cash balance equation M=kPY, what does the variable Y represent?
- 1Total real national income✓
- 2Nominal national income
- 3Aggregate price level
- 4Total supply of money
Correct answer
Total real national income
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Monetary Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monetary Economics