Economics Money Banking and International Trade Test 3 Mcqs Preparation Online 0 Money Banking and International Trade Test 3 Mcqs Preparation Online 1. The degree of elasticity in respect of speculative demand for money, under the liquidity trap conditions, is?A. Greater than one B. One C. Zero D. Infinite Loading... 2. The cash transactions approach to the quantity theory of money is usually associated with the name of?A. D.H.RobertsonB. Irving Fisher C. J.M.Keynes D. Alfred Marshall Loading... 3. According to the classical approach, the demand for money primarily depends upon?A. Precautionary motiveB. Speculative activity C. Rate of interest D. Economic transactions Loading... 4. At a very low rate of interest, the interest-elasticity of the speculative demand for money becomes?A. Low B. InfiniteC. High D. Very high Loading... 5. The liquidity trap condition occurs at a?A. Very high rate of interestB. Low rate of interest C. Very low rate of interest D. High rate of interest Loading... 6. Which of the following is not an instrument of monetary policy?A. Open-market operations B. Credit rationingC. Taxation D. Bank rate Loading... 7. The relationship between the market rate of interest and the market price of a bond is?A. Direct B. Inverse C. UncertainD. Positive and proportionate Loading... 8. Which of the following measures is helpful in controlling inflation?A. Reduction of government expenditure B. Price control and rationing of essential goods C. All of the aboveD. Raising the bank rate Loading... 9. In which capacity does a person stand to gain from deflation?A. As a debtor B. As an entrepreneur C. As a pensioner D. As an equity-holder Loading... 10. A retail price index is a good measure of changes in?A. Patterns of consumer expenditureB. Average standard of living C. Consumers' cost of living D. General purchasing power of money Loading... Loading... Related PostsMoney Banking and International Trade Test 1 Mcqs…Money Banking and International Trade Test 2 Mcqs…Money Banking and International Trade Test 4 Mcqs…Money Banking and International Trade Test 5 Mcqs…Money Banking and International Trade Test 6 Mcqs…Money Banking and International Trade Test 7 Mcqs…Money and Value of Money Test 6 Mcqs Online PreparationMoney and Value of Money Test 7 Mcqs Online PreparationMoney and Value of Money Test 8 Mcqs Online PreparationMoney and Value of Money Test 05 Mcqs Preparation Online Continue Reading Previous Money Banking and International Trade Test 2 Mcqs Preparation OnlineNext Money Banking and International Trade Test 4 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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