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Basic of Economics

A country’s fundamental system of transportation, communications, and other aspects of its physical capabilities are called ?

A. Infrastructure
B. Basic structure
C. Fundamentals
D. Basic infrastructure

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Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?

A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake

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Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains ?

A. Common fund
B. Stock fund
C. Growth fund
D. Capital growth fund

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Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?

A. Mother company
B. Father company
C. Holding company
D. joint company

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A company’s first sale of stock to the public is called ?

A. Public Offering
B. First Public Offering
C. Initial Public Offering (IPO)
D. Going Public

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A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?

A. Demand draft
B. Draft
C. Invoice
D. Bill of Intent

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In the context of contracts, what refers to secret payments made to ensure that the contract goes to a specific firm ?

A. kickback
B. Commission
C. Bribe
D. Graft

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Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as…………..?

A. Liquid asset
B. Solid asset
C. Hard asset
D. None of these

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Name a gold, silver, or platinum coin than usually traded at slightly more than its current bullion value ?

A. Hard Leaf
B. Maple Leaf
C. Green Leaf
D. Gold Leaf

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Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ?

A. National Association of Securities Dealers Automatic Quotation system (Nasdaq)
B. New York Stock Exchange
C. Wall Street
D. Nikkei Stock Average

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