According to the Quantity Theory of Money, Which One of the Following

question 175

Multiple Choice

According to the quantity theory of money, which one of the following economic variables would change in response to an increase in the money supply?

• A) prices
• B) real income
• C) velocity
• D) employment

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Definitions:

Series Field

A type of field winding in a DC generator that is connected in series with the armature, influencing the generator's output.

Shunt Rheostat

A variable resistor connected in parallel with a circuit element to adjust the flow of current through it, allowing for the control of electrical device performance.

Series Rheostat

An adjustable resistor used in series with a circuit to control the current flow by varying its resistance.

Field Exciter

A device or circuit that provides the necessary DC current to the magnetic field winding of a generator or motor to initiate or enhance its operation.