| 1 |
They are NOT much affected by rising prices. |
- A. Salaried persons
- B. Business
- C. Debtors
- D. Importers
|
| 2 |
It is assumption of quantity theory of money |
- A. Velocity of circulation of money constant
- B. Affects only industrial sector
- C. Makes distribution of national income better
- D. Has no effect on distribution of income
|
| 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 |
Which One is equation of exchange. |
- A. PT = MV
- B. PV = MT
- C. PM = TV
- D. None
|
| 5 |
Value of circulation money means by number of times a unit of money |
- A. Change hands daily
- B. Change hand annually
- C. change hands montly
- D. Change purchacing power
|
| 6 |
Value of money in pakistan in determined by |
- A. Govt of Pakistan
- B. General Price Level
- C. State Bank Pakistan
- D. Value of Dollar
|
| 7 |
When value of money falls, they benefits more |
- A. Debtors
- B. Lenders
- C. Farmers
- D. Industrialist
|
| 8 |
The equation of exchange PT =MV was given by |
- A. Fisher
- B. Crowther
- C. Kuznet
- D. Keynes
|
| 9 |
Banks discount it and adance loans. |
- A. Draft
- B. Bill of Exchange
- C. pay order
- D. Gold
|
| 10 |
Pursching power of money during defiation is. |
- A. Increased
- B. Reduced
- C. Constant
- D. Fluctuating
|
