MPSC State Services Main Examination 2023- General Studies Paper 4 [Solved]
Download Question Paper Download Answer Key 01. In the Marshallian equation of the Cash Balance Approach, M = KPY, the letter ‘K’ stands for (1) Supply of money (2) Velocity of circulation of money (3) Fraction of real income which people desire to hold in money (4) Price level Answer: (3) Explanation: In the equation …
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