Money Banking and International Trade Test 2 Mcqs Preparation Online

Test Instructions

Money Banking and International Trade Test 2 Mcqs Preparation Online

1. Which of the following according to Milton Friedman is not a key determinant of the demand for money?
A.
B.
C.
D.

2. During which decade of the nineteenth century did most European countries adopt the gold standard?
A.
B.
C.
D.

3. Identify Pigou's cash balances equation?
A.
B.
C.
D.

4. Who introduced the concept of the real balance effect?
A.
B.
C.
D.

5. The Quantity Theory of Money establishes the relationship between quantity of money in an economy and the level of?
A.
B.
C.
D.

6. Cost-push inflation is caused by?
A.
B.
C.
D.

7. Who is generally regarded as the founder of the Modern Quantity Theory of Money?
A.
B.
C.
D.

8. When did the UK finally abandon the gold standard?
A.
B.
C.
D.

9. In the Fisher's equation of exchange MV = PT, what does T denote?
A.
B.
C.
D.

10. Identify the country which was the first to adopt the gold standard?
A.
B.
C.
D.


 

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