The indicator of the value of money is
The general price level
The equilibruim price
Consumer's income
The interest rate
Correct answer is A
No explanation has been provided for this answer.
The supply of money in the economy includes
Bank notes only
Bank notes and coins
Bank notes and bank deposits
Bank notes, coins and bank deposits
Correct answer is D
No explanation has been provided for this answer.
Since money is demanded for what it can buy, the demand is said to be
Derived
Joint
Composite
Complementary
Correct answer is A
No explanation has been provided for this answer.
A medium of exchange which is generally acceptable is
Barter
A cheque
Government bond
Money
Correct answer is D
No explanation has been provided for this answer.
The National Income of a country can be estimated through the
Output approach
Input approach
Empirical approach
Census approach
Correct answer is A
No explanation has been provided for this answer.