| 1 |
Inflation is a situation when |
- A. Prices of some goods rise
- B. General price level rises continuously
- C. Prices double every year
- D. Prices rise and fall
|
| 2 |
In Pakistan in June 2016 money supply was about |
- A. Rs.12000 million
- B. Rs.12000 billion
- C. Rs.12000 trillion
- D. More then
|
| 3 |
According to keynes people demand money for purposes |
|
| 4 |
If quantity of money increases 100%, other remaining constant, value of money changes by |
- A. Increases by 100%
- B. Decreases by 100%
- C. Decreases by 200%
- D. Does not change
|
| 5 |
During inflation |
- A. Lenders lose, borrowers gain
- B. Borrowers lose, lenders gain
- C. Borrowers and lenders both lose
- D. All section of the society gain
|
| 6 |
Purchasing power of money during deflation is |
- A. Reduced
- B. Increased
- C. Constant
- D. Fluctuating
|
| 7 |
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
|
| 8 |
Velocity of circulation of money means the number of times a unit of money |
- A. Changes hands daily
- B. Changes hands monthly
- C. Changes hands annually
- D. Changes purchasing power
|
| 9 |
The equation of exchanges PT=MV was given by |
- A. Fisher
- B. Crowther
- C. Kuznet
- D. Keynes
|
| 10 |
Purchasing power of money during deflaction is |
- A. Reduced
- B. Increased
- C. constant
- D. funtuaing
|
