Economics MCQs

4475 MCQs (Page 318 of 448)

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What is called a place of work where all workers within a section must belong to a single official recognized trade union ?

A. monopolized shop
B. monopolized area
C. closed shop
D. monopolized market

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What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?

A. economic cycle
B. business cycle
C. complete cycle
D. cycle business

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Term the body of goods and monies from which future income can be derived ?

A. net assets
B. solid asset
C. holdings
D. capital

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What is meant by capital stock ___________?

A. authorized amount of stock for issue by corporation
B. the total stated or par value of the permanently invested capital of corporation
C. both of them
D. none of them

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What is called the trade of goods or services without the exchange of money ?

A. free exchange
B. liberal exchange
C. barter
D. bilateral trade

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A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?

A. blue chip
B. blue chipper
C. an extremely valuable asset or property
D. all of these

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Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

A. bonus
B. overtime
C. prize
D. gift

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How is termed the balance of investment and return; in which investment and return are exactly equal ?

A. break even
B. breakeven point
C. both of them
D. none of them

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The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

A. breton wood method
B. free market exchange rate
C. atlas method of exchange rate
D. open market exchange rate

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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

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