Millionaire Mode

The Quantity Theory of Money

Question 1 of 14

According to the Quantity Theory of Money, what is the primary determinant of the general price level?

  1. The quantity of money in circulation
  2. The demand for money
  3. The supply of goods and services
  4. The interest rate

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000