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.
i and ii only
i and iii only
ii and iii only
i, ii and iii
Correct answer is A
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.
5.20 x 102 kg m-3
1.13 x 103 kg m-3
8.80 x 102 kg m-3
5.20 x 102 kg m-3
Correct answer is D
\(V_T = 5m^3, m_1 = 2 \times 1 \times 10^3 = 2 \times 10^3\)
\(M_2 = 3 \times 8 \times 10^3 = 24 \times 10^3\)
MT = 26 x 103
D = \(\frac{m}{v} = \frac{26 \times 10^3}{5} = 5.2 \times 10^3\)