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Economics Mcqs

Market price adjusted to consider differences between social cost-benefit and private cost-benefit calculations are ?

A. price distortions
B. consumer surplus
C. shadow prices
D. exchange rates

Categories Capital Formation, Investment Choice, Information Technology, And Technical Progress, Economics Mcqs Leave a comment

In the 1980s economists studying the source of growth observed no positive relationship between information and communications technology (ICT) investments and productivity This is known as ?

A. Solow residual
B. productivity paradox
C. technological followership
D. Stieglitz discrepancies

Categories Capital Formation, Investment Choice, Information Technology, And Technical Progress, Economics Mcqs Leave a comment

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
B. Money deposited for checking savings or breakage use
C. A customer having business or credit relationship with a firm
D. All of these

Categories Basic of Economics, Economics Mcqs Leave a comment

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 ?

A. Breton Wood method
B. Free market exchange rate
C. Atlas method of exchange rate
D. Open market exchange rate

Categories Basic of Economics, Economics Mcqs Leave a comment

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

A. Balance of payment
B. Balance sheet
C. Terms of trade
D. Balance of trade

Categories Basic of Economics, Economics Mcqs Leave a comment

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

A. Bankruptcy
B. Default
C. Total loss
D. Crash

Categories Basic of Economics, Economics Mcqs Leave a comment

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

A. Free exchange
B. Liberal Exchange
C. Barter
D. Bilateral Trade

Categories Basic of Economics, Economics Mcqs Leave a comment

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

A. Blue chip
B. Blue Chipper
C. An extremely valuable asset or property
D. All of these

Categories Basic of Economics, Economics Mcqs Leave a comment

Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

A. Bonus
B. Overtime
C. Prize
D. Gift

Categories Basic of Economics, Economics Mcqs Leave a comment

How is termed the balance of investment and return; in which investment and return are exactly equal ?

A. Break even
B. Breakeven point
C. Both of them
D. None of them

Categories Basic of Economics, Economics Mcqs Leave a comment
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