| 1 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
|
| 2 |
If we put this letter in the blank space we get quantity theory of money PY =M |
|
| 3 |
Pursching power of money during defiation is. |
- A. Increased
- B. Reduced
- C. Constant
- D. Fluctuating
|
| 4 |
Value of money means |
- A. General purchasing power of money
- B. Gold purchased by money
- C. Demand for money
- D. Importance of money
|
| 5 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
| 6 |
When value of money falls, they benefits more |
- A. Debtors
- B. Lenders
- C. Farmers
- D. Industrialist
|
| 7 |
Value of circulation money means by number of times a unit of money |
- A. Change hands daily
- B. Change hand annually
- C. change hands montly
- D. Change purchacing power
|
| 8 |
Under normal circumstances the velocity of circulation of money in a contry is. |
- A. 100%
- B. negative
- C. Less than 10
- D. Zero
|
| 9 |
Which One is equation of exchange. |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 10 |
For the economy prices are beneficial |
- A. Falling slowly
- B. Rising slowly
- C. Rising fast
- D. Falling fast
|
