Multiple Choice
Which of these signifies the role of money in any economy?
A) It acts as a tool for poverty alleviation in an economy.
B) It serves as a medium of exchange in an economy.
C) It indicates the economic wellbeing of a nation.
D) It helps to differentiate between the nominal and real income of a nation.
E) It is a clear indicator of the growth in national income.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Which of the following would indicate the
Q31: In the 1960s,government policy makers believed that
Q32: Which of these is true of the
Q33: The demand for _ is most severely
Q34: Macroeconomics simply focuses on the annual performance
Q36: Economic fluctuations or business cycles:<br>A)measure changes in
Q37: Which of the following was true of
Q38: Which of the following variables is measured
Q39: Which of the following is a flow
Q40: A fall in the price level will:<br>A)cause