A. Debt retirement
B. Debt relief
C. Debt service
D. Payback
Economics Mcqs
What is called when government spending overwhelms government revenue resulting in government borrowing ?
A. Budget deficit
B. Deficient financing
C. Unbalanced spending
D. Deficit spending
Mention the theory of inflation or price increase that results from so-called excess demand ?
A. Demand curve theory
B. Cost-push inflation
C. Demand-pull inflation
D. Demand push inflation
Deregulation is the reduction of government’s role in controlling markets. Which of the following is result(s) of deregulation ?
A. Lead to freer market
B. Lead to a more efficient marketplace
C. Both of them
D. None of them
Term a tax or duty rebate on imported goods that are exported at a later date ?
A. Duty
B. Custom
C. Rebut
D. Drawback
What is called degree of buyer’s responsiveness to price changes ?
A. Production & Supply
B. Demand push Supply
C. Demand & Supply
D. Demand pull supply
Investment funds are established for the supports of institutions such as hospitals investment is called ?
A. Charity funds
B. Attached funds
C. Endowment funds
D. Investment fund
What is called that bank which regularly accepts foreign currency-denominated deposits and makes foreign currency-denominated deposits and makes foreign currency loans ?
A. Eurobank
B. Foreign bank
C. International Bank
D. Multinational Bank
Name the methodology by which members of the EMS maintain their currency exchange rates within an agreed upon range with respect to other member countries ?
A. Exchange Rate Mechanism (ERM)
B. Exchange Rate Equilibrium
C. Exchange Rate Balance
D. None of the above
A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?
A. Unmovable asset
B. Fixed property
C. Production line
D. Fixed asset