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.Management Sciences
Category: Basic of Economics
Name the Company that is listed with the SEC after submission of a required statement and compliance with disclosure requirement ?
A. Limited company
B. Registered company
C. Public company
D. Public limited company
During a given period how the economic activity of a nation is measured?
A. Gross Domestic Product (GOP)
B. Gross National output (GNO)
C. Gross National product (GNP)
D. Gross National Output
An act of altering of a written or printed document with intentions of deceiving anyone is called________?
A. Fraud
B. Cheating
C. Forgery
D. Fraudulent
Consumption spending does not include ?
A. Household’s purchases of food
B. Households’ purchase of a car
C. Household’s payment of rent for an apartment
D. Household’s purchase of stock in any XYZ corporation
When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?
A. Cost push theory
B. Supply and Demand theory
C. Fundamental theory
D. Ricardo’s theory
National income refers to ?
A. Money value of goods and and services produced in a country during a year.
B. Money value of stocks and shares of a country during a year.
C. Money value of capital goods produced by a country during a year.
D. None of these
Because of the decrease in the value of money, there comes exaggerated increase in incomes and prices. How is termed this system ?
A. Hyperinflation
B. Ultra-inflation
C. A cute inflation
D. Super inflation
What is the meaning of the term stagflation ?
A. Fall in prices due to less circulation of currency
B. Fall in employment due to declining production
C. High inflation rate combined with high unemployment and unchanged consume demand
D. None of these
Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
A. Financial assistance given by one person or government to another
B. Financial assistance given to poor people
C. Financial assistance given to aged people
D. Financial assistance given to small companies
A borrower gives to creditor a security to grantee repayment of a loan. What is this security called ?
A. Pledge
B. Assurance
C. Collateral
D. Guaranty
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