| 1 |
Value of money and supply of money are related |
- A. Inversels
- B. Directly
- C. Govt law
- D. Are not related
|
| 2 |
Which one is equation of exchange |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 3 |
In Pakistan, in the year 2007-08, money supply was about |
- A. Rs. 3400 million
- B. Rs. 3400 billion
- C. Rs. 3400 trillion
- D. Uncountable
|
| 4 |
Under normal circumstances, the velocity of circulation of money in a country is: |
- A. 100%
- B. Negative
- C. less then 10
- D. zero
|
| 5 |
In Pakistan in June 2016 money supply was about |
- A. Rs.12000 million
- B. Rs.12000 billion
- C. Rs.12000 trillion
- D. More then
|
| 6 |
The quantity demanded of money rises |
- A. As the interest rises
- B. As the interest rate falls
- C. As the supply of money falls
- D. As the number if banks rises
|
| 7 |
When a national money supply is Rs.1200 billion and GDP is Rs.4800 billion,velocity of circulation money is |
- A. 0.25
- B. 4
- C. 0.4
- D. billion rupees
|
| 8 |
Which people are most likely to gain during inflaction |
- A. Those living on pension
- B. Those living on their savings
- C. Those who are repaying borrowed money
- D. Those who have lent money
|
| 9 |
Purchasing power of money during deflaction is |
- A. Reduced
- B. Increased
- C. constant
- D. funtuaing
|
| 10 |
The equation of exchange PT = MV was given by |
- A. Fisher
- B. Crowther
- C. Kuznet
- D. Keynes
|
