General MCQs
1. In view of Friedman's money quantity theory ,which one option is not matched against Money means : 1.Money 2.Bonds 3.Equity 4.all✔ 2.Non Accelerating Inflation Rate of Unemployment (NAIRU) means :- (1) A rate of unemployment for which the change in the rate of inflation is zero.✔ (2) A rate of inflation which makes the rate of unemployment zero. (3) A rate of inflation for which the change in the rate of unemployment is zero. (4) A rate of unemployment which is equal to the rate of inflation. 3.For the capitalist economy, the primary objective of the New Classical Economics is to explain which of the following ? (1) Business cycle phenomenon (2) Underemployment (3) Wage – price rigidity (4) Effectiveness of Government policy 4. Natural Unemployment is a part of ..... 1.Fresheshr Job seekers 2.Exprinced Job seekers but his/her choice 3.Normal Job seekers in any field 4. 1 or 2 ✔ 5. In which situation money multiplier will be more ?