Jun
11
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.
Tag: Micro-Macro-Economics
Jun
11
Which of the following is included in M1?
(a) gold(b) checkable deposits(c) stock(d) credit cards
Jun
11
Which of the following is not seen as an advantage of the gold standard?
(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 to emerge as a significant problem.(c) No country needs to serve at the center of this Read more
Jun
11
Gilt-edged market means
(a) Market of government securities(b) Bullion market(c) Market dealing with metals(d) Market dealing with exports
Jun
11
Which one of the following is the act of stimulating the economy by increasing the money supply or by reducing taxes?
(a) Disinflation(b) Reflation(c) Inertial inflation(d) Inflation hedge
Jun
11
Which one of the following causes the condition in which prices increase rapidly as a currency loses its value?
(a) Stagflation(b) Conflation(c) Stealth inflation(d) Hyper inflation
Jun
11
Disinvestment is :
(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.
Jun
11
Which one among the following is the total amount of money available in an economy at a specific time?
(a) Near money(b) Narrow money(c) Money volume(d) Money stock
Jun
11
When economic development takes place
(a) Specialisation increases(b) Commercialisation decreases(c) Market imperfections increase(d) None of the above
Jun
11
Economic growth is usually coupled with
(a) Deflation(b) Inflation(c) Hyper inflation(d) Stagflation