If there is a lack of money supply in comparison to the
supply of goods and services, then the possible
consequence would be

1 Answer

Answer :

Deflation

Related questions

Description : Write briefly about the possible consequence of such a situation of water supply. -Geography

Last Answer : The fluctuation of annual rainfall in the country will mostly lead to scarcity of water in urban areas and drought in some areas if the amount of rainfall reduces and in case of increase will lead to floods in most of the areas where there is no proper water management system.

Description : Lack of Glucocorticoids and mineral corticoids might be consequence of which of the following defects in the adrenal cortex? (A) Androstenadione deficiency (B) Estrone deficiency (C) 17 α-OH progesterone deficiency (D) C- α-Hydroxylase deficiency

Last Answer : Answer : D

Description : 'Gresham's Law' in Economics relates to (1) supply and demand (2) circulation of currency (3) consumption of supply (4) distribution of goods and services

Last Answer : (2) circulation of currency Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave ... will flood into circulation." It is commonly stated as: "Bad money drives out good."

Description : Hypothyroidism is a possible consequence of prolonged therapy with (a) Procainamide (b) Mexiletine (c) Sotalol (d) Amiodarone

Last Answer : Ans: D

Description : There are four conditions that give rise to the need for independent audits of financial statements. One of these conditions is consequence. In this context, consequence means that the: a. ... fully understood by the users of the statements. d. Financial statements are used for important decisions

Last Answer : Financial statements are used for important decisions

Description : Hypothyroidism is a possible consequence of prolonged therapy with: A. Amiodarone B. Mexiletine C. Sotalol D. Procainamide

Last Answer : A. Amiodarone

Description : Comparison between online backup services?

Last Answer : I used Mozy briefly, but some error occurred on my computer that prevented it from running. Uninstallations and reinstallations didn't help. I currently use Syncplicity and love it. It works in the ... 'd like to hear if anyone has experience using the paid versions of these online backup apps.

Description : Can anyone offer a cost/benefit comparison of cable w/Tivo and satellite (DISH DVR) services?

Last Answer : What are you waiting for? If I had a choice (have Directv, had dish) I’d have a package deal in a second. No snow/rain storm blackouts, no receiver, premium channels with cable for same price.

Description : How can I comparison shop for home repair services?

Last Answer : I think you are overwhelmed with all available services and contractors in your area. The sure way to find a good home repair service is to take a little time to research the vendors available in ... , pricing, and of course license. These things matter a lot before hiring any home repair services.

Description : Consumers have the rights (i) to be protected against goods and services that are hazardous to life and property. (il) to assure wherever possible access to a variety of goods; and services at national prices. A. Both (i) ... (i) and (il) are wrong C. Only (i) is correct. D. Only (ii) is correct.

Last Answer : A. Both (i) and (il) are correct.

Description : Consumers have the rights (i) to be protected against goods and services that are hazardous to life and property (ii) to assure wherever possible access to a variety of goods and services at national prices. A. Both (i) ... (i) and (ii) are wrong. C. Only (i) is correct D. Only (ii) is correct.

Last Answer : A. Both (i) and (ii) are correct.

Description : Which of the following lack blood supply ?

Last Answer : Which of the following lack blood supply ? A. Bone B. Cartilage C. Connective tissue D. All

Description : Heart attack occurs due to : (1) Bacterial attack on the heart (2) Stopping of heart beat (3) Lack of blood supply to the heart itself (4) Impairment of heart’s working due to unknown reasons

Last Answer : (3) Lack of blood supply to the heart itself Explanation: A heart attack occurs if the flow of oxygen-rich blood to a section of heart muscle suddenly becomes blocked. If blood) flow isn' ... plaque (plak) builds up inside the coronary arteries. These arteries supply oxygen-rich blood to the heart.

Description : Heart attack occurs due to – (1) Bacterial attack on the heart (2) Stopping of heart beat (3) Lack of supply of blood to the heart itself (4) Impairment of heart's working due to unknown reasons

Last Answer : (3) Lack of supply of blood to the heart itself Explanation: A heart attack occurs when blood flow to a part of your heart is blocked for a long enough time that part of the heart, muscle is damaged ... to the heart. If the blood flow is blocked, the heart is starved of oxygen and heart cells die.

Description : The cause of Heart attack is: (1) bacteria (2) virus (3) lack of blood supply to the heart (4) impairment of heart's working due to unknown reason

Last Answer : (3) lack of blood supply to the heart Explanation: Heart attack is the death of a segment of heart muscle caused by the loss of blood supply. It occurs when the blood flow that brings oxygen ... artery, one that supplies blood to the heart muscle, is blocked by a blood clot (coronary thrombosis).

Description : The cause of Heart attack is: (1) bacteria (2) virus (3) lack of blood supply to the heart (4) impairment of heart’s working due to unknown reason

Last Answer :  lack of blood supply to the heart

Description : Heart attack occurs due to : (1) Bacterial attack on the heart (2) Stopping of heart beat (3) Lack of blood supply to the heart itself (4) Impairment of heart’s working due to unknown reasons

Last Answer :  Lack of blood supply to the heart itself

Description : ‘Money cannot buy all the goods and services that one needs to live well.’ Explain. -SST 10th

Last Answer : (i) Money or material things that one can buy with it is one factor on which our life depends. But the quality of our life also depends upon non-material things like equal treatment, freedom, ... even can not provide us a type of government which take decisions for the welfare of the common people.

Description : ‘Money in your pocket cannot buy all the goods and services that one need’. -SST 10th

Last Answer : (i) Peace (ii) Pollution free environment (iii) Good health (iv) Freedom

Description : How can money easily exchange it for goods or services? Give example to explain -SST 10th

Last Answer : Money acts easier to exchange for goods and services: . A person holding money can easily exchange it for any commodity or service that he or she might want. . Everyone prefers to receive ... to sell and buy each others commodities. This process is very difficult, time consuming and unhealthy.

Description : “Money in your pocket cannot buy all the goods and services that you may need to live well.” -SST 10th

Last Answer : Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. Normally, money cannot buy us a pollution-free environment or ensure ... able to protect you from infectious diseases, unless the whole of your community takes preventive steps.

Description : How can money be easily exchanged for goods or services ? Give an example to explain. -SST 10th

Last Answer : 1. Money as a standard medium of payments can easily be exchanged for any commodity or service because transactions involving money only involve the use of money which in turn is very convenient as against ... they wish to buy. Money is, thus, the most convenient and time-saving medium of exchange.

Description : “Money cannot buy all the goods and services that a person may need to live well”. -SST 10th

Last Answer : Money cannot buy all the goods and services that a person may need to live well. Income by itself is not a completely adequate indicator of material goods and services that citizens are ... to protect individual from infections, disease, unless the whole of our community takes preventive steps.

Description : How can money be easily exchange itself for goods or services ? -SST 10th

Last Answer : Money acts as a medium to exchange itself for goods and services : A person holding money can easily exchange it for any commodity or service that he or she might Everyone prefers to receive ... to sell and buy each other's commodities. This process is very difficult, time consuming and unhealthy.

Description : "he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Last Answer : (3) Hicks Explanation: British economist John Hicks said that National income is a collection of goods and services reduced to a common basis by being measured in terms of money. Hicks ... macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory.

Description : Gross National Product is the money measure of - (1) all tangible goods produced in a country (2) final goods and services produced in the economy (3) services generated annually in the economy (4) all tangible goods available in the economy

Last Answer : (2) final goods and services produced in the economy Explanation: Gross national product (GNP) is the market value of all products and services produced in one year by labour and property supplied ... (including income of those located abroad), minus income of non-residents located in that country.

Description : National income is the ……………. Of all the goods and services produced by a country during a period of year A. Physical quantity B. Money value C. Value D. All the three

Last Answer : B. Money value

Description : Which of the following function does money serve when used to purchase or sell different goods and services? (a) Store of value ; (b) Medium of exchange ; (c) Standard of value ; (d) Display of power

Last Answer : (b) Medium of exchange ;

Description : Which of the following function does money serve when used to measure the prices of different goods and services? (a) Store of value ; (b) Medium of exchange ; (c) Standard of value ; (d) Display of power

Last Answer : (c) Standard of value ;

Description : National income is the ……………. Of all the goods and services produced by a country during a period of year (a) Physical quantity ; (b) Money value ; (c) `Value ; (d) All the three 

Last Answer : (b) Money value ; 

Description : Gross National Product is the money measure of (1) all tangible goods produced in a country (2) final goods and services produced in the economy (3) services generated annually in the economy (4) all tangible goods available in the economy

Last Answer :  final goods and services produced in the economy

Description : “The national income consists of a collection of goods and services reduced to common basis by being measured in terms of money.”–– Who says this ? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou

Last Answer : Hicks

Description : The comparison of financial statement of one year with that of another is possible only when ----------------concept is followed A] Going concern B] Accrual C] Consistency D] Materiality

Last Answer : C] Consistency

Description : If Your Own Son Is In Your Class. How Will You Behave With Your Students In Comparison To Your Son? Options: A) Just Like Your Own Son. B) Equal Treatment Is Not Possible To All The Students. C) Repressed Treatment. D) It Is Better To Lend Them A Free Hand.

Last Answer : A) Just Like Your Own Son. 

Description : How would you like to behave with your students, in comparison to your children? Options: A) Just like own children B) Equal treatment is not possible to all the students C) Repressed treatment D) It is better to lend them a free hand

Last Answer : A) Just like own children 

Description : What type of services does the internet lack?

Last Answer : A good massage.

Description : Lack of access to financial services is technically known as ______ A. Financial Instability B. Financial Stability C. Financial Inclusion D. Financial Exclusion E. Poverty

Last Answer : D. Financial Exclusion Explanation: Financial exclusion can be defined as the unavailability of banking services to people with low or non income. It is believed to be one factor preventing poor people leave out poverty.

Description : What required American colonies to supply England with raw materials and a market for finish goods?

Last Answer : Navigation acts

Description : Which of the following is not one of the reasons for concentration of jute mills in Kolkata? (a) Cheap and abundant power supply (b) Availability of coal (c) A large supply of cheap labour and water required for industry (d) The port of Kolkata can easily export all the jute goods

Last Answer : Ans: (a)

Description : Which one of the following pairs of goods is an example for Joint Supply? (1) Coffee and Tea (2) Ink and Pen (3) Tooth brush and Paste (4) Wool and Mutton

Last Answer : (4) Wool and Mutton Explanation: The production of two or more goods simultaneously from the same imputs is called Joint Supply. Wool and Mutton are an example for joint supply.

Description : All of the goods which are scarce and limited in supply are called - (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods

Last Answer : (4) Economic goods Explanation: In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. An economic good is a consumable item ... goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them.

Description : The primary purpose of a broker is to 1. take title to a producer's goods before selling them to retailers or consumers 2. sell directly to the final consumer 3. supply products in ... , trusting relationships with buyers 4. sell delivery to producers 5. bring buyers and sellers together

Last Answer : bring buyers and sellers together

Description : Full employment is the level at which there is A. Zero unemployment B. Normal rate of unemployment C. Less supply of labor D. Demand for goods is less than supply.

Last Answer : C. Less supply of labor

Description : Process of managing upstream and downstream of final goods, flow of raw materials and information about resellers and final consumers is classified as A. marketing logistics network B. supply chain management C. delivery network D. physical distribution network

Last Answer : B. supply chain management

Description : The seller is required to supply the goods which shall be fit for buyer's purpose where the A. Seller is the sole distributor of goods sold. B. Seller knows the particular purpose of buyer. ... and relies upon seller's skill and judgement. D. Buyer is uneducated and the person of rural background.

Last Answer : B. Seller knows the particular purpose of buyer.

Description : The primary purpose of a broker is to A)take title to a producer's goods before selling them to retailers or consumers. B)sell directly to the final consumer. C)supply products in ... permanent, trusting relationships with buyers. D)sell directly to producers. E)bring buyers and sellers together.

Last Answer : E)bring buyers and sellers together.

Description : The supply of goods means …………… (a) Quantity offered for sale at a given price and time ; (b) Quantity produced by the manufacturer ; (c) Quantity available with the supplier (d) Consumers disposal income

Last Answer : (a) Quantity offered for sale at a given price and time ;

Description : Which of these will have highly inelastic supply curve (a) Perishable goods ; (b) Consumer durables goods; (c) Items of elite class consumption ; (d) All the three

Last Answer : (a) Perishable goods ;

Description : Which of these is not a determinant of aggregate supply (a) Quantity demanded ; (b) Price of the product under consideration ; (c) Relative price of other goods ; (d) Future expectations about prices 

Last Answer : (a) Quantity demanded ;