Economics Money and Value of Money Test 6 Mcqs Online Preparation Money and Value of Money Test 6 Mcqs Online Preparation 1. Velocity of circulation of money means the number of times a unit of money?A. Changes purchasing powerB. Changes hands monthly C. Changes hands annually D. Changes hands daily Loading... 2. It is a kind of money?A. Discredit money B. Trust money C. Credit money D. False money Loading... 3. In payment of debt, people can use this kind of money?A. Real money B. (a) and (b) of the aboveC. Credit money D. Legal money Loading... 4. Purchasing power of money during deflation is?A. Increased B. FluctuatingC. Reduced D. Constant Loading... 5. The equation of exchange PT = MV was given by?A. Fisher B. Kuznet C. KeynesD. Crowther Loading... 6. When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is?A. 0.25 B. 4 billion rupeesC. 4 D. 0.4 Loading... 7. It is included in kinds of money?A. Credit money B. Token money C. All of the aboveD. Legal money Loading... 8. When value of money falls, they benefit more?A. DebtorsB. FarmersC. Industrialist D. Lenders Loading... 9. Value of money in Pakistan is determined by?A. Value of dollerB. State Bank C. General price level D. Govt. of Pakistan Loading... 10. Which one is equation of exchange?A. PM = TV B. None of theseC. PT = MV D. PV = MT Loading... Loading... Related PostsMoney and Value of Money Test 01 Mcqs Preparation OnlineMoney and Value of Money Test 02 Mcqs Preparation OnlineMoney and Value of Money Test 03 Mcqs Preparation OnlineMoney and Value of Money Test 04 Mcqs Preparation OnlineMoney and Value of Money Test 05 Mcqs Preparation OnlineMoney and Value of Money Test 8 Mcqs Online Preparation Continue Reading Next Money and Value of Money Test 7 Mcqs Online Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ