Question 14

The value of money is measured in terms of price index as follows price in the current year

  • A.Prince index = Price in the current year/Price in the previous year X 100%
  • B.Price index = Price in the previous year/Price in the current year X 100%
  • C.Prince index = Price in the current year/Velocity of circulation of money X 100%
  • D.Prince index = price in the base year/price in the current year X 100%
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2012/2013
Question no.
#14
Type
Objective

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