1. Identify the country which was the first to adopt the gold standard?

2. Which of the following according to Milton Friedman is not a key determinant of the demand for money?

3. When did the UK finally abandon the gold standard?

4. Who is generally regarded as the founder of the Modern Quantity Theory of Money?

5. During which decade of the nineteenth century did most European countries adopt the gold standard?

6. Who introduced the concept of the real balance effect?

7. In the Fisher's equation of exchange MV = PT, what does T denote?

8. The Quantity Theory of Money establishes the relationship between quantity of money in an economy and the level of?

9. Identify Pigou's cash balances equation?

10. Cost-push inflation is caused by?