Economics Money and Value of Money Test 8 Mcqs Online Preparation Money and Value of Money Test 8 Mcqs Online Preparation 1. Value of money means?A. Importance of money B. Gold purchased by money C. Demand for moneyD. General purchasing power of money Loading... 2. According to Keynes people demand money for purposes (motives)?A. 1B. 2C. 4D. 3 Loading... 3. Inflation?A. Affects only industrial sectorB. Cakes distribution of income equal C. Has no effect on distribution of income D. Makes distribution of income unequal Loading... 4. For the economy, prices are beneficial?A. Falling slowly B. Rising fast C. Rising slowly D. Falling fast Loading... 5. Which people are most likely to gain during inflation?A. Those who are repaying borrowed money B. Those living on pension C. Those living on their savings D. Those who have lent money Loading... 6. If we put this letter in the blank space, we get quantity theory of money PY = M?A. VB. TC. SD. A Loading... 7. Value of money and supply of money are related?A. Govt. law B. Inversely C. Directly D. Are not related Loading... 8. If quantity of money increases 100%, other things remaining constant, value of money changes by?A. Decreases by 200% B. Does not changeC. Decreases by 100%D. Increases by 100% Loading... 9. They are not affected badly by rising prices?A. Salaried persons B. ImportersC. Debtors D. Businessmen Loading... 10. It is assumption of quantity theory of money?A. Velocity of circulation of money constant B. (a) and (b) of the aboveC. Govt. imposes new taxes D. Quantity of traded goods increases 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 7 Mcqs Online Preparation Continue Reading Previous Money and Value of Money Test 7 Mcqs Online PreparationNext Market Equilibrium Test 1 Mcqs Online Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ