Value of money means:

Related MCQs

• If quantity of money increases 100%, other things remaining constant, value of money changes by:
• Value of money and supply of money are related:
• Velocity of circulation of money means the number of times a unit of money
• When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is:
• Consider the following statements and identify the right ones. i. National income is the monetary value of all final goods and services produced. ii. Depreciation is deducted from gross value to get the net value
• When value of money falls, they benefit more:
• Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
• Which property the paper money does not possess:
• A saving account in a bank represents the function of money:
• A student records her income and spending for past month, she uses the function of money