Economics MCQs

4475 MCQs  (Page 315 of 448)

By Which scale the value of all economic activity produced by a nation during a given period is measured ?
A. gross domestic product (gop)
B. gross national output (gno)
C. gross national product (gnp)
D. gross national output
Indemnity is_______________?
A. security against damages loss, or injury
B. a legal exemption from liability for damages
C. compensation for damages loss, or injury suffered
D. all of these
What is referred by interest ?
A. payment made for the use of another person’s money
B. payment made for the use of bank’s money
C. share in profit
D. devaluation in the currency
What does mean by Franchise__________________?
A. a privilege or right officially granted by a person or group by a government
B. authorization granted to someone to sell or distribute a company’s goods or service in certain area
C. territory or limits within which immunity, privilege or right may be exercised
D. all of the above