First Year Principles of Economics Chapter 10 Online MCQ Test for 1st Year Principles of Economics Chapter 10 (Money)

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This online test contains MCQs about following topics:

. Barter system . Evolution of money . Definition of moeny . Assumptiond of quantity theory of money . Criticism on quantity theory of money . Inflation . Deflation . Measures to control inflation . Measures to control deflation

ICOM Part 1 Economics Ch 10 Test
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Online MCQ`s Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"

Try The MCQ`s Test For Chapter 10 "Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test"

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Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test

00:00
Question # 1

"Money is a thing by which payments of agreements of borrowing and pricing are made and general purchasing power is stored in it." This definition of money is stated by the economist

Question # 2

Convertible paper money is issued by

Question # 3

Barter economy means the economy in which no good is generally accepted and goods are exchanged with goods. This definition is stated by the

Question # 4

______ is not considered perfect money

Question # 5

The purchasing power of money is called

Question # 6

The coins whose current price is greater than their intrinsic value, are called

Question # 7

Marginal productivity theory was presented by:

Question # 8

The main cause of using the Cheque as money is

Question # 9

Which money is not legally backed

Question # 10

World economic depression accured in

Question # 11

The best definition of money is stated by

Question # 12

When there is deflation, then prices

Question # 13

Exchange of goods with goods is called

Question # 14

Cheque, bill of exchange etc are

Question # 15

According to quantity theory of money one halving the quantity of money prices

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