jnu sis 2013 doubt

[aman]

If the home marginal propensity to consume exportable is greater than the elasticity of the foreigner's offer curve, then in the absence of inferior goods, a tariff
a. lowers the domestic price of importables
b. increases the domestic prices of importables
c. no impact on domestic prices
d. cannot say

[aman]

2. In the flexible version of quantity theory of money
a. changes in the velocity of money are closely associated with the changes in the money supply
b. changes in the price level are closely associated with the changes in the money supply
c. changes in the nominal GDP are proportional to changes in velocity
d. changes in the nominal GDP are closely associated with the changes in the money supply

[Dreyfus]

In the flexible version ...V is variable....in the case constant V case....M has proportionate impact on P....but here V is variable now....den it should be the case of either change in M is closely associated with change in P or changes in n nominal GDP is closely associated with changes in money supply.... Confused