Economics MCQs

Page No. 400

Which of the following is regarded as a factor of production ?


aCapital

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bInterest

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cProfit

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dNone of these

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View Answer Capital

The situation with increasing unemployment and inflation is terms as ?


aHyperinflation

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b Reflection

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c Stagflation

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d Galloping

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View Answer Stagflation

When the stock market is down falling it is called ?


a Bullish

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bBearish

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cFalling

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d Crashing

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View Answer Bearish

Large payment to senior employee who is forced into retirement is called ?


aGolden bonus

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bGolden shake hand

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cFriendly handshake

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dGolden handshake

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View Answer Golden handshake

What is Euro ?


a Deposit outside one’s home country but in the home country currency

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bEuropean currency unit, introduced on Jan, 1 1999

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c Both of them

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d None of them

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View Answer Both of them

Deregulation is the reduction of government’s role in ?


aControlling Banks

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bControlling cooperation

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cControlling markets

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d None of them

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View Answer Controlling markets

Term the central market for buying and selling all kind of securities ?


a A big company

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bStock Exchange

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c Joint stock

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d A multinational company

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View Answer Stock Exchange

Term the average income of the people of a country during a year ?


a National income

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b Domestic income

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c Protection Income

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dPer capita Income

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View Answer Per capita Income

Currency that is expected to drop in value relative to other currencies is called ?


aLocal currency

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b Cold currency

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cLime currency

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dSoft currency

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View Answer Soft currency

What is called the tax that is levied on retail price of merchandise collected by retailer ?


a Sales Tax Sales Tax

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bGeneral Tax

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cLocal Tax

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dGross Tax

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View Answer Sales Tax

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