People are said to be suffered from “money illusion” since:

Related MCQs

• Assertion (A): Necessity led to the invention of money. Reason(R) : Barter system failed to perform the major functions of money.
• Which one of the following is related to the commodity money?
• Which of the following is not related to commodity money?
• Find the odd man out with reference to money
• Which one of the following is an example of “fiat money?”
• ‐‐‐‐‐‐ is not an example of ‘near money’
• Which of the following is a primary function of money?
• In India the standard money is
• In the case of a ‘full bodied money’:
• In the case of a ‘token money’