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151.

Indicate the group of persons who gain from inflation

A.	Stock holders	B.	Bond holders
C.	Debetures holders	D.	Fixed deposit holders

152.

If the price level rises with a marked change in real output this is known as

A.	Inflation	B.	Deflation
C.	Devaluation	D.	Revaluaion

153.

Which of the following groups of income receivers would benefit from deflation?

A.	Salary earners	B.	Debtors
C.	Holders of ordinary shares	D.	Preference share holders

154.

Essential feature of deflation is

155.

The wage rate of brick layers is likely to rise due to

A.	A depression in building industry	B.	An increase in the demand for houses
C.	The development of cheap industrial building process	D.	A decrease in productivity of bricklayer
E.	None of the above

156.

The imposition of a tariff by country A on imports from country B

A.	Always benefits A	B.	Always benefits B
C.	May benefit A, if B does not retaliate	D.	Could benefit both countries provided B retaliates
E.	Depends on the shape of reciprocal demands

157.

Devaluation is resorted to

A.	Belittle foreign currencies	B.	Encourage exports
C.	Give more value to home currency	D.	Tide over post war difficulties
E.	All of the above

158.

Speculation arises because of

159.

Which of the following is capital good

160.

People will tend to demand money if they think

A.	The rate of interest will fall	B.	The price of goods will fall
C.	The price of goods will rise	D.	The price of bonds will fall
E.	All of the above