(i) “The purchasing power of money” was a book published by Irving Fisher in 1911. (ii) The general form of equation given by Fisher is M = KPY.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false(c) (i) is true but (ii) is false (d) (i) is false but (ii) is true

(i) “The purchasing power of money” was a book published by Irving

1.	(i) “The purchasing power of money” was a book published by Irving Fisher in 1911. (ii) The general form of equation given by Fisher is M = KPY.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false(c) (i) is true but (ii) is false (d) (i) is false but (ii) is true
Answer» (c) (i) is true but (ii) is false

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(i) “The purchasing power of money” was a book published by Irving Fisher in 1911. (ii) The general form of equation given by Fisher is M = KPY.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false(c) (i) is true but (ii) is false (d) (i) is false but (ii) is true

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