(A) M1

(B)M2

(C)M3

(D)M4

(A) Cost-push inflation

(B)Demand – pull inflation

(C)Stagflation

(D)Wage – push inflation

(A) In the absence of a double coincidence of wants

(B)When many different product are available in the economy when money is relatively available to establish relative prices

(C)When money is relatively available to establish relative prices

(D)When each trader has what the other wants and wants what the other has

(A) Businessman gain

(B)Wage earners gain

(C)Salaried people gain

(D)Rentiers gain

(A) Monetary policy rule

(B)Okun’s law

(C)Gresham’s law

(D)The paradox of thrift

(A) The gold standard

(B)Bimetallism

(C)Commodity standards

(D)Fiat-money standards

(A) Deflation

(B)Inflation

(C)Stable prices

(D)Unemployment

(A) Central government

(B)State government

(C)Central bank

(D)Private sector

(A) Two people want the same thing at the same time

(B)One person wants to but two different things at the same time

(C)The individual who has what I want, also wants what I have

(D)All the above

(A) It reduces purchasing power of money

(B) It favours lenders and penalizes borrowers

(C)It redistributes income in favour of variable income earners

(D)It decreases social welfare