Equity is the residual value of a business or property after any mortgage and liabilities are deducted. What else does the term equity cover?
Correct answer C. Both of them
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Economics MCQs
Page 108 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 108 of 131
- Miscellaneous Economics 737
- Basic of Economics 430
- Markets, Efficiency And The Public Interest 167
- Agriculture & Irrigation System of Pakistan 126
- Market 87
- Macroeconomic Issues and Analysis 75
- Money, Interest Rates And Output 73
- Introduction To Economics 70
- Population And Development 62
- Profit Maximizing Under Perfect Competition And Monopoly 56
- Income Inequality 52
- Non-Tariff Trade Barriers 48
- Aggregate Supply, Unemployment And Inflation 45
- Natural Resources and the Environment Toward Sustainable Development 44
- Costs , Supply And Perfect Competition 44
- Human Capital 42
- Labour Market 39
- Monopoly 35
- Long Term Economic Growth 30
- Inflation & Productivity 30
- Regional Trading Arrangements 29
- Characteristics and Institutions of Developing Countries 24
- Oligopoly 23
- Consumer Theory vs. Real Consumers 20
- Applied Microeconomics 20
- Alternative Theories Of The Firm 20
- Public Goods 20
- Balance of Payments, Aid and Foreign Investment 19
- Prices, Wages & Taxes 19
- Comparative GDP 19
- Budget Deficits And The Trade Balance 18
- Macroeconomic Policy Tools 18
- Asymmetric Information 17
- Application of Economics 16
- Production Factors 16
- Monopoly & Competition 15
- Capital Formation, Investment Choice, Information Technology, And Technical Progress 15
- Monetary, Fiscal And Incomes Policy, And Inflation 15
- Average And Total Cost 14
- Poverty, Malnutrition, And Income Inequality 12
- Monetary Union 10
Which of the following does the term excise refer to?
Correct answer C. Both of these
Originating in ninth-century Western Europe, what was the military and social system in which a nobleman granted land to a vassal in return for service, often military, and other duties?
Correct answer C. Feudal system
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What is the 12-month period over which an organisation plans the use of its funds called?
Correct answer C. Fiscal year (FY)
What is the penalty called under which a person loses title to property as a result of an illegal act?
Correct answer A. Forfeiture
Which of these is known as foreign exchange?
Correct answer C. Both of them
What is the group made up of Singapore, Hong Kong, Taiwan and South Korea called?
Correct answer C. Four Tigers
Which description defines a free port?
Correct answer B. Where no export or import duties are levied
What is the term for the exchange of goods across national borders without restrictions such as tariffs, quotas or exchange controls?
Correct answer B. Free trade
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What are products sold without a brand name or trademark called?
Correct answer B. Generic
Unlike the black market, which system involves secretly selling or trading goods that is not necessarily illegal?
Correct answer D. Grey market
What is meant by hard currency?
Correct answer C. Both of them
What is the term for a situation where a collapse in the value of money produces extreme increases in incomes and prices?
Correct answer C. Hyperinflation
An inventory is a detailed, itemised list or record of things in one’s possession, the process of making such a list, the items listed, or the stock itself. Which of these is also an inventory?
Correct answer A. An evaluation or a survey, as of abilities or resources
What is the total number of adults currently employed or actively seeking work across all sectors known as?
Correct answer A. Labour force
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What is the document called in which a bank authorises the bearer to receive money from one of its foreign branches or from another bank abroad?
Correct answer A. Letter of credit
What does the economic theory of liberalism refer to?
Correct answer D. All of these
To liquidate means to pay off a debt, claim or obligation, or to settle affairs by working out liabilities and using assets to discharge them. What else does the term cover?
Correct answer C. Both of them
What is the study of a national economy as a whole, including all its aspects and workings, called?
Correct answer A. Macroeconomics
What is a market called in which the forces of demand and supply are not controlled by the government?
Correct answer C. Both of them