A persistent and appreciable rise in the general level of price is known as
Depreciation
Inflation
Deflation
Production
Correct answer is B
No explanation has been provided for this answer.
The term demand for money means
Desire to borrow money from people
Desire of an individual to invest all his money in projects
Willingness of people to hold money
Willingness of people to keep all their resources in assets
Correct answer is C
No explanation has been provided for this answer.
Acceptability, durability, homogeneity and portability are all attributes of good
Markets
Money
Banks
Government
Correct answer is B
No explanation has been provided for this answer.
The direct exchange of one goods for another without the use of money is known as
Foreign exchange
Exchange rate
Expenditure rate
Barter
Correct answer is D
No explanation has been provided for this answer.
The profit of the producers can be calculated as the
Total cost less total revenue
Average revenue less average cost
Total revenue less total cost
Marginal revenue less marginal cost
Correct answer is C
No explanation has been provided for this answer.