Home » Classroom » JAMB Economics 2015 Question

The quantity theory of money states that a redu... - JAMB Economics 2015 Question

The quantity theory of money states that a reduction in the quantity of money in circulation would bring about
A
A constant change in price
B
A rise in prices
C
An unequal fall in prices
D
A proportionate fall in price
correct option: a
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses