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Economics Mcqs

Deregulation is the reduction of government’s role in ?

A. Controlling Banks
B. Controlling cooperation
C. Controlling markets
D. None of them

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What is Euro ?

A. Deposit outside one’s home country but in the home country currency
B. European currency unit, introduced on Jan, 1 1999
C. Both of them
D. None of them

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Large payment to senior employee who is forced into retirement is called ?

A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake

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When the stock market is down falling it is called ?

A. Bullish
B. Bearish
C. Falling
D. Crashing

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The situation with increasing unemployment and inflation is terms as ?

A. Hyperinflation
B. Reflection
C. Stagflation
D. Galloping

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Which of the following is regarded as a factor of production ?

A. Capital
B. Interest
C. Profit
D. None of these

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Which type of income is earned only the actor of production enterprise ?

A. interest
B. Profit
C. rent
D. wages

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Which of the following must always balance ?

A. The balance of visible trade
B. The balance of invisible trade
C. The balance on the current account
D. The balance of payments

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Which of the following can be used for check inflation temporarily ?

A. increase in wages
B. Decrease in money supply
C. Decrease in tax
D. None of these

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The period of high inflation and low economic growth is termed as ?

A. Stagnation
B. Take-off stage in economy
C. Stagflation
D. None of these

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