Money and Value of Money Test 7 Mcqs Online Preparation

Test Instructions

Money and Value of Money Test 7 Mcqs Online Preparation

1. In Pakistan, in the year 2007-08, money supply was about?
A.
B.
C.
D.

2. Paper money is called fiat money because?
A.
B.
C.
D.

3. Banks discount it and advance loans?
A.
B.
C.
D.

4. Inflation is a situation when?
A.
B.
C.
D.

5. Inflation can be controlled by applying?
A.
B.
C.
D.

6. According to Keynes, demand for money is affected by?
A.
B.
C.
D.

7. During inflation?
A.
B.
C.
D.

8. Under normal circumstances, the velocity of circulation of money in a country is?
A.
B.
C.
D.

9. The quantity demanded of money rises?
A.
B.
C.
D.


 

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