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Modern Economic Thought

Authored by Sahaya Vennila

Arts

University

Used 6+ times

Modern Economic Thought
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20 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

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

    

increase

decrease

stays stable

None of these

2.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

  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

3.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

  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

4.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

   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

5.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

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

𝑠𝑒𝑝𝑝𝑙𝑦>π‘‘π‘’π‘šπ‘Žπ‘›d

Supply = Demand  

𝑠𝑒𝑝𝑝𝑙𝑦<π‘‘π‘’π‘šπ‘Žπ‘›π‘‘

Noneof theabove

6.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

   Which is not the function of money

                             

Make demand and supply equal   

Store of value   

Medium of exchange   

Measure of value

7.

MULTIPLE CHOICE QUESTION

15 mins β€’ 1 pt

    High-powered money is also known as

Basemoney

Reservemoney

Narrowmoney

All of theabove

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