Question : Fisher’s quantity theory is explained by his famous equation given as ________.
Option 1: MP = VT
Option 2: MV = PT
Option 3: MT = PV
Option 4: PV = MV
New: SSC CGL 2025 Tier-1 Result
Latest: SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: MV = PT
Solution : The correct answer is MV = PT.
Fisher's quantity theory of money is often explained by his famous equation, which is known as the Quantity Theory of Money Equation. This equation is expressed as MV = PT, where:
- M represents the money supply in an economy.
- V represents the velocity of money, which is the average number of times a unit of currency is spent in a given period.
- P represents the price level in the economy.
- T represents the volume of transactions or the number of goods and services exchanged in the economy.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates BrochureYour Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.




