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

Explain the evolution of money.

Explain Measures to Control Inflation.

Distinguish between Fisher’s and Cambridge Equation.

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.