| 1 |
Value of money in pakistan in determined by |
- A. Govt of Pakistan
- B. General Price Level
- C. State Bank Pakistan
- D. Value of Dollar
|
| 2 |
The equation of exchange PT =MV was given by |
- A. Fisher
- B. Crowther
- C. Kuznet
- D. Keynes
|
| 3 |
Which One is equation of exchange. |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 4 |
According to Keynes people demand money for purposes . |
|
| 5 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
|
| 6 |
Value of money and supply of money are related. |
- A. Inversely
- B. Directly
- C. Govt.Law
- D. Are not related
|
| 7 |
According to keynes demand for money is affected by |
- A. Income
- B. Rate of intest
- C. Literacy rate
- D. a and b of above
|
| 8 |
If we put this letter in the blank space we get quantity theory of money PY =M |
|
| 9 |
Velocity of circulation of money means. |
- A. Total demand for money
- B. Annual increase in currency notes
- C. Number of timesa unit of money changes hands
- D. total supoly of money
|
| 10 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
