A. Free market economy
B. Laissez faire also Laisser faire
C. Open market economy
D. Liberal market economy
Governmental non-interference in commerce is called ? Read More »
Basic of Economics, Economics Mcqs 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
What is inflation ? Read More »
Basic of Economics, Economics Mcqs A. Where no export duties are levied
B. Where no import duties are levied
C. Where no export or import duties are levied
D. Where everything can be import or export
What is Free port ? Read More »
Basic of Economics, Economics Mcqs A. Fiscal period
B. Calendar year
C. Year unit
D. Fiscal year (FY)
What is the period called 12-months plan of a country to use its funds ? Read More »
Basic of Economics, Economics Mcqs A. Value of all economic activity with in a nation’s border
B. Economics output of a country
C. Economic activities of federal government
D. None of these
Gross Domestic Product (GDP) is__________________? Read More »
Basic of Economics, Economics Mcqs A. Decreasing business activity
B. Falling prices
C. Unemployment
D. All of these
A. Nikki Index
B. NASDAQ
C. Dow Jones Index
D. Major Index
A. deflation
B. inflation
C. cost effective
D. cost
Reduction in the circulation of money resulting from fall of prices is known as ? Read More »
Basic of Economics, Economics Mcqs A. Cost living
B. Basic requirement
C. Cost of life
D. None of these
What is called amount of money to purchase the goods and services to maintain life ? Read More »
Basic of Economics, Economics Mcqs A. Limited Company
B. Society
C. Corporation
D. Cooperative
Name the organization that is managed by those who use its facilities ? Read More »
Basic of Economics, Economics Mcqs