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Demand For Money Continued
if rate of intrest is inversely proportional to price of bonds , why have you used directly proportional symbol in representation ?
Mohini Jain
a year ago
Hey chanchal... Thats the symbol for inversly proportional only... :)
Chanchal Tomar
a year ago
but for invers;y proportional we write 1/x(that value) in front of the proportionality symbol , ?
Mohini Jain
a year ago
If you write in the way you are describing.. You simply put = symbol and write... But if you use the symbol which i used you can simply write the 'x' value :)