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Basic of Economics

An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

Basic of Economics, Economics Mcqs /
An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

A. European Currency System (ECS)
B. European Monetary Mechanism (EMM)
C. Common Monetary System (CMS)
D. European Monetary Fund (EMF)

An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ? Read More »

Basic of Economics, Economics Mcqs

Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?

Basic of Economics, Economics Mcqs /
Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?

A. Deflector
B. Purchasing power parity
C. Inflator
D. Deflation

Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ? Read More »

Basic of Economics, Economics Mcqs

Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ?

Basic of Economics, Economics Mcqs /
Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ?

A. Rolling debt
B. Bad debt
C. Rescheduling
D. Default

Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ? Read More »

Basic of Economics, Economics Mcqs