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Basic of Economics

Deregulation is the reduction of government’s role in ?

September 9, 2021May 26, 2019 by admin
Deregulation is the reduction of government’s role in ?

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

Categories Basic of Economics, Economics Mcqs

Term the central market for buying and selling all kind of securities ?

September 9, 2021May 26, 2019 by admin
Term the central market for buying and selling all kind of securities ?

A. A big company
B. Stock Exchange
C. Joint stock
D. A multinational company

Categories Basic of Economics, Economics Mcqs

Term the average income of the people of a country during a year ?

September 9, 2021May 26, 2019 by admin
Term the average income of the people of a country during a year ?

A. National income
B. Domestic income
C. Protection Income
D. Per capita Income

Categories Basic of Economics, Economics Mcqs

Currency that is expected to drop in value relative to other currencies is called ?

September 9, 2021May 26, 2019 by admin
Currency that is expected to drop in value relative to other currencies is called ?

A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency

Categories Basic of Economics, Economics Mcqs

What is called the tax that is levied on retail price of merchandise collected by retailer ?

September 9, 2021May 26, 2019 by admin
What is called the tax that is levied on retail price of merchandise collected by retailer ?

A. Sales Tax
B. General Tax
C. Local Tax
D. Gross Tax

Categories Basic of Economics, Economics Mcqs

What is public sector ?

September 9, 2021May 26, 2019 by admin
What is public sector ?

A. Public corporations
B. Central and local government
C. Nationalized Industries
D. All of them

Categories Basic of Economics, Economics Mcqs

Term the minimum income level below which a person is considered to be living in poverty ?

September 9, 2021May 26, 2019 by admin
Term the minimum income level below which a person is considered to be living in poverty ?

A. Poverty level
B. Poverty line
C. Both of them
D. None of them

Categories Basic of Economics, Economics Mcqs

What is National debt or public debt ?

September 9, 2021May 26, 2019 by admin
What is National debt or public debt ?

A. State’s borrowing from its population
B. State’s borrowing from foreign government
C. state’s borrowing from international institution
D. All of these

Categories Basic of Economics, Economics Mcqs

Governmental non-interference in commerce is called ?

September 9, 2021May 26, 2019 by admin
Governmental non-interference in commerce is called ?

A. Free market economy
B. Laissez faire also Laisser faire
C. Open market economy
D. Liberal market economy

Categories Basic of Economics, Economics Mcqs

What is inflation ?

September 9, 2021May 26, 2019 by admin
What is inflation ?

A. Increase in the amount of circulating money
B. Lowering of purchasing power
C. Decrease in the amount of circulation money
D. None of these

Categories Basic of Economics, Economics Mcqs
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