Inflation

Which of the following variables is not included into the quantity equation:

Transactions velocity of money is the number of times in a year that goods or services are exchanged for money.

Which variable from the quantity equation is replaced in income equation:

The number of transactions is difficult to measure, that is why it is replaced by total output of economy.

With which of the given ways to finance government spendings seigniorage is connected:

Inflation can be viewed as a tax on holding money.

Fisher effect is:

According to the Fisher equation, an increase in the rate of money growth of 1 percent causes a 1 percent increase in the rate of inflation.

Distinction on ex post and ex ante interest rate incorporates into the Fisher effect:

The real interest rate that is actually realized is called ex ante.