Government can control inflation by
Printing more money
Reducing the rate of taxes
Reducing the level of expenditures
Establishing more banks
Correct answer is C
No explanation has been provided for this answer.
Which of the following is part of the capital account of the balance of payments?
Net investment from abroad
Import of machinery
Insurance
Transportation cost
Correct answer is A
No explanation has been provided for this answer.
Which of the following will be an effect of inflation?
Wage earners will gain
Borrowing of money will be restricted
Money lenders will gain
Borrowers of money will gain
Correct answer is D
No explanation has been provided for this answer.
When the demand for foreign exchange exceeds its supply, the value of the domestic currency
Appreciates
Depreciates
Inflates
Expands
Correct answer is B
No explanation has been provided for this answer.
The value of money is best determined by
input-outpt ratio
The purchasing power
The importance people attach to it
Economies of scale
Correct answer is B
No explanation has been provided for this answer.