The relationship between the value of money and the price level in an economy is -

Related MCQs

• Given the money wages, if the price level in an economy increases, then the real wages will -
• The relationship between price of a commodity and the demand for it -
• The relationship between the rate of interest and level of consumption was first visualized by -
• The part of the economy in which economy activity is carried on by private enterprise is termed:
• The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called
• The existence of a parallel economy or Black Money -
• The existence of a Parallel Economy or Black Money -
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• In a period of inflation and price rises the supply of money remains -
• "Bad money will drive out good money from circulation." This is known as :