Explain the Secondary Functions.

Explain other types of inflation (on the basis of inducement).

Compare and contrast inflation and deflation.

Explain the evolution of money.

Explain the supply of Money and determinants of money supply in India.

Explain Measures to Control Inflation.

List the problems in defining Money Supply.

Distinguish between Fisher’s and Cambridge Equation.

Consider M = Rs. 1000. M’ = Rs. 500, V = 3, V’ = 2, T = 4000 goods and Find the value of money using Fisher’s quantity theory of

Solve and discuss the following using Marshall “Cash Balance Approach”.
(i) Suppose money supply in cash and bank deposits (M) = Rs. 1,000.
(ii) The total annual national income (R) = 10,000 units.
(iii) The goods (income) which the community wants to hold in money (K), say one-fifth of Y = 2,000 units.

Explain Keynes' Equation for the theory of money.

Explain the types of inflation on the basis of speed and inducement.

What are the measures to control inflation?