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71.

Which people are most likely to gain during inflation?

A.	Those living on pension	B.	Those living on their savings
C.	Those who are repaying borrowed money	D.	Those who have lent money

72.

If quantity of money increases 100%, other things remaining constant, value of money changes by:

A.	Increases by 100%	B.	Decreases by 100%
C.	Decreases by 200%	D.	Does not change

73.

For the economy, prices are beneficial:

A.	Falling slowly	B.	Rising slowly
C.	Rising fast	D.	Falling fast

74.

According to Keynes people demand money for purposes (motives):

A.	1	B.	2
C.	3	D.	4

75.

Value of money means:

A.	Gold purchased by money	B.	General purchasing power of money
C.	Importance of money	D.	Demand for money

76.

Value of money and supply of money are related:

A.	Inversely	B.	Directly
C.	Govt. law	D.	Are not related

77.

They are not affected badly by rising prices:

A.	Salaried persons	B.	Businessmen
C.	Debtors	D.	Importers

78.

Inflation:

A.	Makes distribution of income equal	B.	Makes distribution of income unequal
C.	Has no effect on distribution of income	D.	Affects only industrial sector

79.

It is assumption of quantity theory of money:

A.	Quantity of traded goods increases	B.	Velocity of circulation of money constant
C.	Govt. imposes new taxes	D.	(a) and (b) of the above

80.

If we put this letter in the blank space, we get quantity theory of money PY = M

A.	S	B.	T
C.	V	D.	A