Economics MCQs

Page No. 436

A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?


aBlue chip


bBlue Chipper


cAn extremely valuable asset or property


d All of these


View Answer All of these

What is called the trade of goods or services without the exchange of money ?


aFree exchange


b Liberal Exchange


cBarter


dBilateral Trade


View Answer Barter

How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?


a Bankruptcy


b Default


cTotal loss


dCrash


View Answer Bankruptcy

What is called the difference in the money value between exports and imports during the specific period of time ?


a. Balance of payment


bBalance sheet


cTerms of trade


dBalance of trade


View Answer Balance of trade

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?


aBreton Wood method


b Free market exchange rate


cAtlas method of exchange rate


d Open market exchange rate



Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?


a A precise list or enumeration of financial transactions


bMoney deposited for checking savings or breakage use


c A customer having business or credit relationship with a firm


dAll of these


View Answer All of these

A supply curve is directly affected by ?


a.technology


binput costs


c government regulation


d all of the above


View Answer all of the above

when a market is in equilibrium ?


aquantity demanded equals quantity supplied


bExcess demand and excess supply are zero


c The market is cleared by the equilibrium price


d All of the above


View Answer All of the above

If the diagram of a line shows that lower values on the vertical scale are associated with higher values on the horizontal scale this is an example of ?


aa nonlinear relationship


ba positive linear relationship


c a scatter diagrams


d a negative linear relationship



A straight-line diagram can be drawn knowing the ________ and ________?


a vertical axis and horizontal axis


bintercept and slope


c scale and slope


dintercept and scale


View Answer scale and slope

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