With whom would you associate the following quote” The business of business is business” ?
A. Milton Friedman
B. Adam smith
C. Alfred Marshal
D. Karl Marx
A. Milton Friedman
B. Adam smith
C. Alfred Marshal
D. Karl Marx
A. Converting rupee into gold
B. Lowering of the value of one currency in comparison of some foreign currency
C. Making rupee dearer in comparison to some foreign currency
D. None of these
Devaluation means ? Read More »
Basic of Economics, Economics Mcqs A. Stagnation
B. Take-off stage in economy
C. Stagflation
D. None of these
The period of high inflation and low economic growth is termed as ? Read More »
Basic of Economics, Economics Mcqs A. increase in wages
B. Decrease in money supply
C. Decrease in tax
D. None of these
Which of the following can be used for check inflation temporarily ? Read More »
Basic of Economics, Economics Mcqs A. The balance of visible trade
B. The balance of invisible trade
C. The balance on the current account
D. The balance of payments
Which of the following must always balance ? Read More »
Basic of Economics, MCQs / Q&A A. interest
B. Profit
C. rent
D. wages
Which type of income is earned only the actor of production enterprise ? Read More »
Basic of Economics, Economics Mcqs A. Capital
B. Interest
C. Profit
D. None of these
Which of the following is regarded as a factor of production ? Read More »
Basic of Economics, Economics Mcqs A. Hyperinflation
B. Reflection
C. Stagflation
D. Gallog
The situation with increasing unemployment and inflation is terms as ? Read More »
Basic of Economics, Economics Mcqs A. Bullish
B. Bearish
C. Falling
D. Crashing
When the stock market is down falling it is called ? Read More »
Basic of Economics, Economics Mcqs A. Golden bonus
B. Golden shake hand
C. Friendly handshake
D. Golden handshake
Large payment to senior employee who is forced into retirement is called ? Read More »
Basic of Economics, Economics Mcqs