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

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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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"

  • Total Questions15

  • Time Allowed20

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

00:00
Question # 1

When there is deflation, then prices

Question # 2

kinds of money are

Question # 3

One of the following is not the difficulty of the barter system

Question # 4

______ is not considered perfect money

Question # 5

MRP curve of a factor represents:

Question # 6

The purchasing power of money is called

Question # 7

The money whose face value is greater than its intrinsic value, is called

Question # 8

The money which is not in the form of net cash and is not used at once for business dealing is called

Question # 9

Which one of the following does not exist during deflation

Question # 10

What effects are expected on the purchasing power of money during deflation

Question # 11

One of the following is not monetary measure to control inflation

Question # 12

"Purchasing power of money is inverse of level of prices. So study of purchasing power of money is identical with the study of level of prices." These are the words of

Question # 13

It was impossible under barter system

Question # 14

If we multiply margina product with price we get:

Question # 15

Which is considered as a transfer payment

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