According to Cambridge equation, the value of money depends upon:

CA Foundation · Business Economics · MTP · May 2026
According to Cambridge equation, the value of money depends upon:
(A) A. Demand for money
(B) B. Supply of money
(C) C. Demand for goods and services
(D) D. All of the above

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Demand for money

Topics: Money Market

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