In the Quantity Theory of Money, Fischer states that while other things remains the same:

Question

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Price level varies inversely with the quantity of money

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Price level varies directly with the quantity of money

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Value of money varies directly with the quantity of money

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None of the above

1.	In the Quantity Theory of Money, Fischer states that while other things remains the same:
A.	Price level varies directly with the quantity of money
B.	Price level varies inversely with the quantity of money
C.	Value of money varies directly with the quantity of money
D.	None of the above
Answer» B. Price level varies inversely with the quantity of money

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