Economics MCQs

4475 MCQs  (Page 297 of 448)

Balance of sheet is understood as ?
A. profit in a year
B. statements of accounts that shows debit and credit accounts under the broad heads
C. performance of a company
D. accurate economic position
Bearer cheque is ?
A. payable to anyone
B. payable to person holding it
C. payable through account only
D. payable after specific period
National Income is essentially composed of ?
A. all wealth of a nation
B. annual income of the central government
C. all income of the people on a year
D. income derived from taxes by the central government
The balance of payment is ?
A. balance between a nation’s expenditure on imports and its receipts from exports
B. total sum a state owned
C. total liabilities of a nation
D. shortfall in budget
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