ICS Part 2 Economics English Medium Chapter 4 Online Test

  • Medium English
  • Available questions20
  • Chapter Name4

ICS Part 2 Economics English Medium Chapter 4 Online Test

  • Total Questions17

  • Time Allowed20

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ICS Part 2 Economics English Medium Chapter 4 Online Test

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Question # 1

If we put this letter in the blank space we get quantity theory of money PY =M

Question # 2

Under normal circumstances the velocity of circulation of money in a contry is.

Question # 3

According to keynes demand for money is affected by

Question # 4

Banks discount it and adance loans.

Question # 5

It is assumption of quantity theory of money

Question # 6

Value of money means

Question # 7

The equation of exchange PT =MV was given by

Question # 8

Pursching power of money during defiation is.

Question # 9

Velocity of circulation of money means.

Question # 10

For the economy prices are beneficial

Question # 11

When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is.

Question # 12

When value of money falls, they benefits more

Question # 13

They are NOT much affected by rising prices.

Question # 14

Value of circulation money means by number of times a unit of money

Question # 15

Value of money and supply of money are related.

Question # 16

Which One is equation of exchange.

Question # 17

The quantity demanded of money rises.

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