“Bad money will drive out good money from circulation.” This is known as : (1) Engle’s Law (2) Gresham’s Law (3) Say’ Law (4) Wagner’s Law

“Bad money will drive out good money from circulation.” This is known as : (1) Engle’s Law (2) Gresham’s Law (3) Say’ Law (4) Wagner’s Law
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Gresham’s Law
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"Bad money will drive out good money from circulation." This is known as : (1) Engle's Law (2) Gresham's Law (3) Say' Law (4) Wagner's Law

Description : "Bad money will drive out good money from circulation." This is known as : (1) Engle's Law (2) Gresham's Law (3) Say' Law (4) Wagner's Law

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

Gresham's Law means - (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Description : Gresham's Law means - (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Last Answer : (2) Bad money replaces good money in circulation Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues ... or disappear from circulation into hoards, while the overvalued money will flood into circulation."

Gresham’s Law means (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Description : Gresham’s Law means (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Last Answer : Bad money replaces good money in circulation

Gresham's law is related to - (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Description : Gresham's law is related to - (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Last Answer : (3) Circulation of money Explanation: Gresham's law is an observation in economics that "bad money drives out good." More exactly, if coins containing metal of different value have the same value as ... 1558 prompted the economist H.D. Macleod to suggest the term Gresham's law in the 19th century.

Gresham’s law is related to (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Description : Gresham’s law is related to (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Last Answer : Circulation of money

'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

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."

Wagner’s hypothesis is associated with (a) Public receipts (b) Public expenditure (c) Supply of money (d) Public debt

Description : Wagner’s hypothesis is associated with (a) Public receipts (b) Public expenditure (c) Supply of money (d) Public debt

Last Answer : (b) Public expenditure

Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say's Law (2) Griffin's Law (3) Gresham's Law (4) Engel's Law

Description : Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say's Law (2) Griffin's Law (3) Gresham's Law (4) Engel's Law

Last Answer : (4) Engel's Law Explanation: According to Engel's Law, as disposable income of a consumer increases, the percentage of income spent for food decreases if all other factors remain constant. This ... demand of food is less than 1. A lower Engel coefficient indicates a higher standard of living.

Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say’s Law (2) Griffin’s Law (3) Gresham’s Law (4) Engel’s Law

Description : Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say’s Law (2) Griffin’s Law (3) Gresham’s Law (4) Engel’s Law

Last Answer : Engel’s Law

Which one of the following statements is correct? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

Description : Which one of the following statements is correct? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

Last Answer : (2) Bad money drives good money out of circulation Explanation: One of the most famous axioms in economics is "bad money drives out good." This rule has generally been attributed to Sir Thomas ... there must be two forms of money or currency (with the same face value) in circulation simultaneously.

Which one of the following statements is correct ? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

Description : Which one of the following statements is correct ? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

Last Answer :  Bad money drives good money out of circulation

The number of times a unit of money exchanges hands during a unit period of time is known as: a) velocity of circulation of money b) speed of circulation of money c) momentum of circulation of money d) count of circulation of money

Description : The number of times a unit of money exchanges hands during a unit period of time is known as: a) velocity of circulation of money b) speed of circulation of money c) momentum of circulation of money d) count of circulation of money

Last Answer : a) velocity of circulation of money

Wagner's earth devices are used in AC bridge circuits for

Description : Wagner's earth devices are used in AC bridge circuits for (a) Eliminating the effect of earth capacitances (b) Eliminating the effect of intercomponent capacitances (c) Eliminating the effect of stray electrostatic fields (d) Shielding the bridge elements

Last Answer : Wagner's earth devices are used in AC bridge circuits for Eliminating the effect of earth capacitances

What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the public and the cash reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.

What is “narrow money” ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the public and the cash reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Description : What is narrow money ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Last Answer : The sum of currency in circulation and the demand deposits in banks

How many US dollars are currently in circulation?

Description : How many US dollars are currently in circulation?

Last Answer : answer:Amazing what google can turn up Try typing this into a google (www.google.com) search box: dollars in circulation . You can do that for any number of things you are looking for. Google is a really ... other search tools too, like www.dogpile.com or www.yahoo.com. it's fun. Try it some time.

Why do I have bad circulation?

Description : Why do I have bad circulation?

Last Answer : There might be some exercises you can do to strengthen it and build up blood vessels. We can grow new blood vessels, so if you exercise it the movement might get better and the blood flow. Maybe ... physical therapy so you can learn exercises or be told what to buy so you can do proper exercises.

Who propounded the 'market law? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Description : Who propounded the 'market law? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Last Answer : (2) J.B. Say Explanation: Say's law, or the law of market, is an economic principle of classical economics named after the French businessman and economist Jean-Baptiste Say (1767-1832), who ... when there are too many means of production applied to one kind of product and not enough to another.

Who propounded the ‘market law ? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Description : Who propounded the ‘market law ? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Last Answer : J.B. Say

Do banks make serial bad loans so that they will have more money to lend?

Description : Do banks make serial bad loans so that they will have more money to lend?

Last Answer : Huh? A bad loan gives them less money to lend, not more. They make bad loans because of mismanagement.

Money Circulation When The beginning Is it

Last Answer : 1982 Of the year 4 March 1 Money Of notes Through Bangladesh Coins In other words Money Circulation The beginning Is. References : Manually I know 100 Share That's right.

How much money is in circulation in total?

Last Answer : Where in our world? BTW: You're not from Rakovník, are you?

If RBI sucks excess money into circulation this will effect (a) M1 ; (b) M2 ; (c) Both ; (d) None

Description : If RBI sucks excess money into circulation this will effect (a) M1 ; (b) M2 ; (c) Both ; (d) None

Last Answer : ; (c) Both ;

On human power circulation of blood is known as

Description : On human power circulation of blood is known as

Last Answer : Iseimia

Pick up the correct statement from the following: (A) The heating of a material to redness in contact with air, is known as calcination (B) The property of lime by which it sets or hardens in damp places having no free circulation of air is called setting (C) The product that remains after calcination of limestone, is called lime (D) All the above

Description : Pick up the correct statement from the following: (A) The heating of a material to redness in contact with air, is known as calcination (B) The property of lime by which it sets or hardens in ... (C) The product that remains after calcination of limestone, is called lime (D) All the above

Last Answer : Answer: Option D

Legal Tender Money is - (1) accepted only by Government (2) accepted by people and Government as per the law (3) not accepted for business purposes by law (4) not accepted by Government

Description : Legal Tender Money is - (1) accepted only by Government (2) accepted by people and Government as per the law (3) not accepted for business purposes by law (4) not accepted by Government

Last Answer : (2) accepted by people and Government as per the law Explanation: Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. ... on a legal basis. Paper currency and coins are common forms of legal tender in many countries.

Demand curve can be derived from the law of diminishlng marginal utility on which of the following assumptions? (i) Utility can be measured in quantitative terms (ii) Utility of money is constant Of these statements: A.Only (i) is true B.Both (i) and (ii) are true C.Only (ii) is true D.Neither (i) nor (ii) is true

Description : Demand curve can be derived from the law of diminishlng marginal utility on which of the following assumptions? (i) Utility can be measured in quantitative terms (ii) Utility of money is constant Of these statements: A.Only ... ) and (ii) are true C.Only (ii) is true D.Neither (i) nor (ii) is true

Last Answer : B.Both (i) and (ii) are true

Legal Tender Money is (1) accepted only by Government (2) accepted by people and Government as per the law (3) not accepted for business purposes by law (4) not accepted by Government

Description : Legal Tender Money is (1) accepted only by Government (2) accepted by people and Government as per the law (3) not accepted for business purposes by law (4) not accepted by Government 

Last Answer : accepted by people and Government as per the law

Environmental protection act is also known as? a. Central law of Environment B. The umbrella Legislation C. Law of Environment D. None of these

Description : Environmental protection act is also known as? a. Central law of Environment B. The umbrella Legislation C. Law of Environment D. None of these

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Has anyone else noticed the new push by charities to even out contributions by pushing monthly donation deductions -- and the parallel development of cloud drive technology?

Description : Has anyone else noticed the new push by charities to even out contributions by pushing monthly donation deductions -- and the parallel development of cloud drive technology?

Last Answer : answer:I'm not sure I get the connection between these phenomenon, but what the charities are doing does make sense in terms of evening put cash flow. As for cloud storage, I'm inherently distrusting the ... second they want to start slapping a charge on it, I'll have no problem kissing it goodbye.

In economics, whose law states that: 'bad money drives out good money'?

Description : In economics, whose law states that: 'bad money drives out good money'?

Last Answer : Gresham's

A low interest policy is also known as – (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy

Description : A low interest policy is also known as – (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy

Last Answer : (1) cheap money policy Explanation: Cheap money policy involves loan or credit with a low interest rate, or the setting of low interest rates by the central bank of the country. Cheap money is ... , but bad for investors. Cheap money policy was one of the primary catalysts of the 2008 recession.

The value of a commodity expressed in terms of money is known as - (1) Price (2) Utility (3) Value (4) Wealth

Description : The value of a commodity expressed in terms of money is known as - (1) Price (2) Utility (3) Value (4) Wealth

Last Answer : (1) Price Explanation: The exchange value of every commodity can be expressed in terms of money. This possibility has enabled money to become a medium for expressing values when the growing elaboration of ... . Thus, price can be defined as exchange value of a commodity expressed in terms of money.

In the terminology of economics and money demand, the terms M3 and M4 are also known as : a) Short money b) Long money c) Broad money d) Narrow money

Description : In the terminology of economics and money demand, the terms M3 and M4 are also known as : a) Short money b) Long money c) Broad money d) Narrow money

Last Answer : c) Broad money

) In the terminology of economics and money demand, the terms M1 and M2 are also known as : a) Short money b) Long money c) Broad money d) Narrow money

Description : ) In the terminology of economics and money demand, the terms M1 and M2 are also known as : a) Short money b) Long money c) Broad money d) Narrow money

Last Answer : d) Narrow money

A low interest policy is also known as : (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy

Description : A low interest policy is also known as : (1) cheap money policy (2) income generating (3) dear money policy (4) investment policy 

Last Answer : cheap money policy

The value of a commodity expressed in terms of money is known as (1) Price (2) Utility (3) Value (4) Wealth

Description : The value of a commodity expressed in terms of money is known as (1) Price (2) Utility (3) Value (4) Wealth

Last Answer : Price