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

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Correct Option
a

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Discussions (4)

Grandcore
3 years ago

in my humble opinion, I think D is the answer

Vansilva
6 years ago

What about D

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