During inflation:
A) Lenders lose, borrowers gain
B) Borrowers lose, lenders gain
C) Borrowers and lenders both lose
D) All sections of the society gain
Correct Answer:
Verified
Q7: Which one is equation of exchange?
A)PT =
Q8: Inflation can be controlled by applying:
A)Monetary and
Q9: Inflation is a situation when:
A)Prices of some
Q10: Under normal circumstances, the velocity of circulation
Q11: According to Keynes, demand for money is
Q13: The quantity demanded of money rises:
A)As the
Q14: Which people are most likely to gain
Q15: If quantity of money increases 100%, other
Q16: For the economy, prices are beneficial:
A)Falling slowly
B)Rising
Q17: Value of money means:
A)Gold purchased by money
B)General
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