| 1 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
| 2 |
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
|
| 3 |
When the nations money supply is Rs. 1200 million and GDP is Rs. 4800 billion. velocity of circulation money is. |
- A. 0.25
- B. 4
- C. 0.4
- D. Billion Rupees
|
| 4 |
If we put this letter in the blank space we get quantity theory of money PY =M |
|
| 5 |
The quantity demanded of money rises. |
- A. As the intrest rate falls
- B. As the intrest rate rises
- C. As the supply of money falls
- D. As the number of banks rises
|
| 6 |
Value of money means |
- A. General purchasing power of money
- B. Gold purchased by money
- C. Demand for money
- D. Importance of money
|
| 7 |
Under normal circumstances the velocity of circulation of money in a contry is. |
- A. 100%
- B. negative
- C. Less than 10
- D. Zero
|
| 8 |
According to Keynes people demand money for purposes . |
|
| 9 |
For the economy prices are beneficial |
- A. Falling slowly
- B. Rising slowly
- C. Rising fast
- D. Falling fast
|
| 10 |
According to keynes demand for money is affected by |
- A. Income
- B. Rate of intest
- C. Literacy rate
- D. a and b of above
|
