Multiple Choice
Treasury Bill is a document used for:
A) A short-term loan to the exporter
B) A long-term loan to the government
C) A short-term loan to the government
D) A short-term loan to a govt. employee
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Barter means:<br>A)Trade through metallic money only<br>B)Trade of
Q7: What will promote savings?<br>A)Increase in credit facilities<br>B)Increase
Q8: This is a characteristic of good money:<br>A)High
Q9: According to Keynes, motives for holding money
Q10: Which is NOT a desirable characteristic of
Q12: Anything used as money must be:<br>A)Fixed in
Q13: Quantity Theory of Money explains that:<br>A)Value of
Q14: If money supply in a country decrease:<br>A)Prices
Q15: This is a characteristic of good money:<br>A)High
Q16: In the equation MV = PY, V