
MONEY 2
Authored by IFUNANYA ANIH
Financial Education
11th Grade
Used 4+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of money is affected by the
price level
precautionary motive
intervention of development
speculative motive
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the current price of an apple is twice that of last year, it implies that the value of money is
falling
stable
rising
getting stronger
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The indicator of the value of money in the market is the
the general price level
effective supply
the equilibrium price
effective demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A price index as a statistic, measures
how the value of money changes over time
the volume of currency in the economy
the exchange rate of a country's currency
the composition of goods and services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The quantity theory of money states that a reduction in the quantity of money in circulation would bring about
a geometrical fall in prices
a proportionate fall in prices
a rise in prices
an unequal fall in prices
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