Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?
A. Communism
B. Socialism
C. Capitalism
D. Authoritarianism
A. Communism
B. Socialism
C. Capitalism
D. Authoritarianism
A. Levied on the retail price of merchandise and collected by retailer
B. Tax deducted at source
C. Tax on local produce
D. Tax on gross sale
What is sales tax_____________? Read More »
Basic of Economics, Economics Mcqs A. Royalty
B. Rent
C.
D. Intellectual royalty
A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them
The term Remittance refers to_______________? Read More »
Basic of Economics, Economics Mcqs A. Purchasing power
B. Income level
C. Gross purchasing power
D. Purchasing power parities (PPP)
How is termed the ability to buy ? Read More »
Basic of Economics, Economics Mcqs A. Registering
B. Going public
C. Debuting
D. Public offering
A. Formal summary of proposed project
B. Document describing chief features of something for participants
C. Both of them
D. None of them
The term prospectus refers to______________? Read More »
Basic of Economics, Economics Mcqs A. Price competition
B. Price support
C. Price war
D. Price battle
A. Price index
B. Price indexing
C. Price fixing
D. Price choosing
A. Real value
B. Net value
C. Par value
D. Gross value
Which term is used for the value imprinted on a security ? Read More »
Basic of Economics, Economics Mcqs