If the quantity of money in circulation is doubled then according to the Fisher equation the value of money will be

Question: If the quantity of money in circulation is doubled then according to the Fisher equation the value of money will be :

(1) doubled

(2) halved

(3) remain unchanged

(4) unpredictable


Correct Answer: (2) halved


If the quantity of money in circulation is doubled then according to the Fisher equation the value of money will be


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