PPSC Economics Full Book MCQ Test MCQs With Answers
Question # 1
Suppose nominal GNP is Rs.500 in year 1, the base year If the GNP deflator doubles by year 6 while real output has increased 40% nominal output in year 6 equals.
"A monetary rule need not mean a single baid number If the central bank fears velocity shifts rules could be adopted for adjusting the target in the face of a trends change in velocity "If velocity were trending upward the target money growth rate would be adjusted.
If there is a financial panic and increased uncertainty about the return in the stock market and bond market what is the likely effect on money demand.