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.Management Sciences
Category: Economics Mcqs
When the financial system lacks the capability of making judgement about investment opportunities due to asymmetric information leading to potentially bad credit risks lending is subject to ?
A. adverse selection
B. moral hazard
C. social goods
D. hyperinflation
In 1990, during the Persian Gulf War, the U.S government extended generous terms to two middle-income countries by canceling or reducing their debt The two countries were ?
A. Iraq and Iran
B. Egypt and Poland
C. Pakistan and Afghanistan
D. Saudi Arabia and Jordan
Sales staff are keen to sell extended warranties because ?
A. extended warranties offer value for money.
B. the cost of repair will usually exceed the cost of the warranty
C. they are paid commission on each extended warranty they sell.
D. They are concerned about customer satisfaction.
According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase
R&D and engineering first produce the product concept into a physical product during which of the following stages of the new product development process ?
A. Concept development and testing
B. Marketing strategy
C. Business analysis
D. Product development
What is called the difference in the money value between exports and imports during the specific period of time ?
A. Balance of payment
B. Balance sheet
C. Terms of trade
D. Balance of trade
A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?
A. Multinational corporation
B. Multinational company
C. Both of them
D. None of them
In which capacity does a person stand to gain from deflation ?
A. As a pensioner
B. As a debtor
C. As an entrepreneur
D. As an equity-holder
Which is an example of a pivotal social institution ?
A. A rock bands
B. The economy
C. A jail
D. A symphony orchestra
When we refer to the hidden economy we mean unrecorded income owing to ?
A. tax evasion
B. poor statistics
C. the lags between statistical collection and publication
D. smuggling
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