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.Management Sciences
Category: Basic of Economics
Gross Domestic Product (GDP) is__________________?
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
A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ?
A. Inflation
B. Hyper-inflation
C. Deflation
D. Disinflation
The economics system planned economy is ?
A. In which economists control production
B. In which production and distribution of wealth is under government’s control
C. In which technocrats control production
D. In which government controls distribution
Which property the paper money does not process ?
A. Acceptability
B. Divisibility
C. Durability
D. Portability
When aggregate supply exceeds aggregate demand ?
A. Business inventory accumulate
B. Unemployment exists
C. Price of consumer goods rise
D. People save more than they intended to save
Who is a “Lame Duck” in a stock market ?
A. A new investor
B. A old investor
C. A member of the stock exchange who cannot meet his obligations
D. None of the above
Mention the market for trading long-term debt instruments ?
A. Stock market
B. Open market
C. Capital market
D. International market
What is Debt retirement______________?
A. To write off debt
B. To reschedule debt
C. To repay debt in easy installments
D. The complete repayment of debt
When a commercial bank creates credit its immediate effect is that it raises__________________?
A. The exchange rates
B. The interest rates
C. The money supplies
D. The real national income
A tariff______________?
A. Increase the volume of trade
B. Reduces the volume of trade
C. Has no effect on volume of trade?
D. A and C of above
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