Which market has a small number of large buyers who control all purchases and therefore the market price of a good or service?
Correct answer B. Oligopsony
Subject / 2,616 questions
Economics MCQs
Page 113 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 113 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
In business slang, what does ‘P2P’ refer to?
Correct answer C. Both of them
What does the term ‘portfolio’ refer to?
Correct answer A. A collection of investments, real or financial
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What is the written or electronic authorisation allowing others to cast a shareholder’s votes called?
Correct answer C. Proxy vote
Which statement about the loanable funds market is false?
Correct answer D. An increase in a country's net capital outflow shifts the supply of loanable funds to the left
What is the assessment of the credit quality of a company’s debt, issued by Moody’s, S&P and Fitch, called?
Correct answer B. Ratings
Which statement about the loanable funds market is correct?
Correct answer B. An increase in the government budget deficit shifts the supply of loanable funds to the left
What is a company called once it is listed with the SEC after filing the required statement and meeting disclosure requirements?
Correct answer C. Registered company
What is the effect of an increase in Pakistan’s government budget deficit?
Correct answer A. It decreases Pakistan's net exports and net capital outflow by the same amount
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When bank loans are changed to have longer maturities to help borrowers make their repayments, what are they called?
Correct answer B. Rescheduled loans
What does the phrase ‘twin deficits’ refer to?
Correct answer D. A country's trade deficit and its government budget deficit
What is interest called when it is calculated as a fixed percentage of the original principal only?
Correct answer C. Simple interest
Which statement about the market for foreign currency exchange is correct?
Correct answer D. An increase in Pakistan's net capital outflow increases the supply of rupees and the rupee depreciates
Which international reserve asset was created by the IMF in 1967, with a value based on a basket of widely used currencies?
Correct answer B. Special Drawing Right (SDR)
The EU imposes a quota on clothing imports from China, reducing UK clothing imports. What happens to UK net exports?
Correct answer A. Net exports will remain unchanged
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What is an additional levy added on top of an existing charge called?
Correct answer C. Surcharge
Political instability leads Russians suddenly to buy UK assets instead of Russian assets. What happens to the value of the pound and to UK net exports?
Correct answer A. The pound appreciates, and UK net exports fall
What is the difference between a nation’s imports and exports (imports over exports, or exports over imports) called?
Correct answer B. Both trade deficit and trade surplus
What is the effect of an increase in private saving in Pakistan?
Correct answer B. It increases Pakistan's net exports and net capital outflow by the same amount
What is the general term for the securities firms that buy, sell and underwrite securities?
Correct answer C. Wall Street