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Basic of Economics

What is mortgage…………..?

A. Conveyance of property as security for debt
B. Conveyance of company security for debt
C. Guarantee for debt
D. Assurance of debt repayment

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What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?

A. National debt
B. Public debt
C. Both of them
D. None of them

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What is called the amount of non-military foreign aid which a country received ?

A. Grands
B. Official Development Assistance (ODA)
C. Foreign aid
D. Friendly aid

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Which term is used for the value imprinted on a security ?

A. Real value
B. Net value
C. Par value
D. Gross value

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A number of relating prices of a group of commodities to their prices during an arbitrarily chosen based period is called ?

A. Price index
B. Price indexing
C. Price fixing
D. Price choosing

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Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?

A. Price competition
B. Price support
C. Price war
D. Price battle

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The term prospectus refers to…………..?

A. Formal summary of proposed project
B. Document describing chief features of something for participants
C. Both of them
D. None of them

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By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?

A. Registering
B. Going public
C. Debuting
D. Public offering

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How is termed the ability to buy ?

A. Purchasing power
B. Income level
C. Gross purchasing power
D. Purchasing power parities (PPP)

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The term Remittance refers to……………?

A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them

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