(A) A smaller part of their income
(B) A larger part of their income
(C) An equal part of their income
(D) All of their income
Tag: Economics Mcqs With Answers
Cheap money means?
(A) Low level of standard of living
(B) Low level of income
(C) Low level of saving
(D) Low rates of interest
When too much money is chasing too few goods then the situation is?
(A) Recession
(B) Inflation
(C) Stagflation
(D) Deflation
Price Theory is also known as?
(A) Public Economics
(B) Development Economics
(C) Macro Economics
(D) Micro Economics
Process of curing inflation by reducing money supply is called?
(A) Disinflation
(B) Cost-Push Inflation
(C) Demand-Pull Inflation
(D) Reflation