A ‘closed economy’ is an economy in which
(a) the money supply is fully controlled.(b) deficit financing takes place.(c) only exports take place.(d) neither exports nor imports take place.
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(a) the money supply is fully controlled.(b) deficit financing takes place.(c) only exports take place.(d) neither exports nor imports take place.
(a) For a given stock of gold, a rise in real money supply can only occur if the price level declines.(b) Inflation is unlikely.
(a) Market of government securities(b) Bullion market(c) Market dealing with metals(d) Market dealing with exports
(a) Disinflation(b) Reflation(c) Inertial inflation(d) Inflation hedge
(a) Stagflation(b) Conflation(c) Stealth inflation(d) Hyper inflation
(a) Near money(b) Narrow money(c) Money volume(d) Money stock
(a) Offloading of shares of private companies to government.(b) Off-loading of government shares to private companies.(c) Increase in investment.(d) Closing down of business concerns.
(a) Specialisation increases(b) Commercialisation decreases(c) Market imperfections increase(d) None of the above
(a) Inflation(b) Deflation(c) Hyperinflation(d) Devaluation