Economics · Quantity Theory of Money Equations
Match the economists in List I with their corresponding quantity theory equations in List II: List I: (a) Robertson (b) Fisher (c) Marshall List II: (1) MV = PT (2) M = kPY (or M = kO) (3) M = pKT
- 1(a)-(3), (b)-(2), (c)-(1)
- 2(a)-(3), (b)-(1), (c)-(2)✓
- 3(a)-(2), (b)-(1), (c)-(3)
- 4(a)-(1), (b)-(2), (c)-(3)
Correct answer
(a)-(3), (b)-(1), (c)-(2)
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