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Homework answers / question archive / Question: 1Explain in detail the quantity theory of money and derive a relationship between the money demand function and quantity equation

Question: 1Explain in detail the quantity theory of money and derive a relationship between the

money demand function and quantity equation. (10 marks)

Question: 2

What do you know about the marginal product of labor? Explain in detail the

relationship between marginal product of MPK and rent. (10 marks)

Question: 3

Provide three methods for measuring price levels in the economy with detailed

mathematical and graphical explanation. (15 marks)

Question: 4

Write detailed note on the following providing proper graphical and mathematical

explanation with suitable examples.

Goods market Vs. loanable funds market (15 marks)