Money and Value of Money Test 8 Mcqs Online Preparation Leave a Comment / Economics / By Malik Asghar Money and Value of Money Test 8 Mcqs Online Preparation 1. According to Keynes people demand money for purposes (motives)?A. 1B. 4C. 3D. 2 Loading... 2. Value of money means?A. Importance of money B. Demand for moneyC. General purchasing power of money D. Gold purchased by money Loading... 3. If quantity of money increases 100%, other things remaining constant, value of money changes by?A. Increases by 100% B. Decreases by 100%C. Decreases by 200% D. Does not change Loading... 4. Value of money and supply of money are related?A. Inversely B. Directly C. Are not relatedD. Govt. law Loading... 5. It is assumption of quantity theory of money?A. (a) and (b) of the aboveB. Quantity of traded goods increases C. Velocity of circulation of money constant D. Govt. imposes new taxes Loading... 6. If we put this letter in the blank space, we get quantity theory of money PY = M?A. AB. SC. VD. T Loading... 7. They are not affected badly by rising prices?A. Businessmen B. Salaried persons C. ImportersD. Debtors Loading... 8. For the economy, prices are beneficial?A. Rising fast B. Falling slowly C. Rising slowly D. Falling fast Loading... 9. Inflation?A. Cakes distribution of income equal B. Affects only industrial sectorC. Has no effect on distribution of income D. Makes distribution of income unequal Loading... 10. Which people are most likely to gain during inflation?A. Those who are repaying borrowed money B. Those living on their savings C. Those who have lent moneyD. Those living on pension Loading... Loading... Related NTS Results Post:Biology Mcqs Test 15 Online PreparationIslamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 03 Online PreparationChemistry MCQs Test 07 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 13 Online Preparation
