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TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின் - வணிக பாதுகாப்பு அமைப்புகள் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A

12th Standard English Medium Economics Subject Monetary Economics Creative 2 Mark Questions with Solution Part - I

Published on: 23/06/2021

QB365 provides detailed and simple solution for every Creative Questions in class 12 Economics Subject. It will helps to get more idea about question pattern in every Creative questions with solution.

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Std: 12th Standard - Economics

chapter: - Creative Questions

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Questions:

Generic 2

5 x 2 = 10

What are the function of Money?

What do you mean by Trade cycle?

Explain the meaning of Money.

What is creeping inflation?

What are the two equations of Fisher's Quantity Theories of Money?

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Answers Key:

Generic 2

5 x 2 = 10

(i) Medium of exchange
(ii) Store of value
(iii) Measure of value
(iv) Standard of deferred payment

(i) The economic activity in a capitalist economy will have its periodic ups and down.
(ii) The study of these ups and downs is called the study of Business cycle or Trade cycl or Industrial Fluctuation.

Money is anything that is generally accepted as payment for goods and services and repayment of debts and that serves as a medium of exchanges.

(i) Creeping inflation is slow-moving and very mild.
(ii) The rise in prices will not be perceptible but spread over a long period.
(iii) This is also known as mild inflation or moderate inflation.

PT = MV + MlVl
\(P=\cfrac { { MV1 }+{ MV 1} }{ T } \)