Q16 of 30 Page 1

Supply of money refers to the quantity of money

a. As on 31st March


b. During any specified period of time


c. As on any point of time


d. During a fiscal year

As at any point in time.

Money supply means stock of monetary exchange required for economic activity of the country. It is the total money held by the people of the country at a particular.


More from this chapter

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14

A consumer, Mr. Aman is in the state of equilibrium consuming two goods X and Y, with given

prices Px and Py. Explain what will happen if:


a. MUx / Px is greater than MUy / Py.


b. Py falls

 15

State, with valid reasons, which of the following statement are true or false:

a. Average Revenue curve under the Perfect Competition is a downward sloping curve.


b. AFC curve is a rectangular hyperbola curve.


c. When MR is falling but positive, TR will also be falling and positive

 17

Define nominal flow.

 18

Primary deficit is equal to

i) Fiscal Deficit fewer Interest Payments


ii) Revenue Deficit fewer borrowings


iii) Borrowings fewer interest payments


iv) Borrowings less Fiscal Deficit.