Modern Economic Thought

    The Value of money during the inflation ------

    

• increase

• decrease

• stays stable

• None of these

  Which of the following statements true about human capital?

   

• Human capital and human capital are related to each other

• Human development and human development are related to each other

• Both a and b are correct

• Both a and b are incorrect

  The value of money in Fisher’s equation is determined by ---------

• Demand of money

• Supply of money

• Demand and Supply of money

• None of the above

   According to the Quantity theory of money, the value of money depends upon------

• Quantity theory of money

• Purchasing power of money

• Demand for money

• Price level

     The degree of relationship between the demand and the supply of money in Fisher’s equation will be

• 𝑠𝑢𝑝𝑝𝑙𝑦>𝑑𝑒𝑚𝑎𝑛d

• Supply = Demand  

• 𝑠𝑢𝑝𝑝𝑙𝑦<𝑑𝑒𝑚𝑎𝑛𝑑

• Noneof theabove

   Which is not the function of money

                             

• Make demand and supply equal   

• Store of value   

• Medium of exchange   

• Measure of value

    High-powered money is also known as

• Basemoney

• Reservemoney

• Narrowmoney

• All of theabove

1.     Valueof moneyis

                         

            

                

• Directly related to the price level 

• Inversely related to the price level    

• Proportionately related to the price level

• All the above

    Fisher’s cash transaction equation is expressed

• P=MV/T

• K=M/PT

• V=I/K

• P=M/K

    Which among the following is considered to be the most liquid asset?

   

• Gold   

• Money   

• Land 

• Treasury bonds