Economics Test 8
Total Questions: 24
A ) Commercial bank deposits
B ) Government spending
C ) Interest rates ✅
D ) The exchange rate
A ) An even distribution of income
B ) An incentive to innovate ✅
C ) A wide range of public goods
D ) Full employment of labour
A ) An operating theatre for a hospital
B ) Computers for a bank
C ) New homes for private citizens ✅
D ) Share issues for public limited Companies
A ) A tax on company profits
B ) A tax on consumer goods ✅
C ) A tax on income
D ) A tax on wealth
A ) A rise in imports
B ) A rise in borrowing
C ) A fall in new consumer spending ✅
D ) A fall in saving
A ) A measure of trade restrictions with other countries
B ) The level of foreign exchange reserves
C ) The relationship between the price of imports and the price of exports ✅
D ) The value of one currency in terms of another currency
A ) A truck ✅
B ) A truck driver
C ) A truck driver's savings
D ) A truck driver's wage
A ) A computer manufacturer takes over a mobile phone company.
B ) A retail store issues its own credit card.
C ) A travel agent provides transport to the airport.
D ) A vehicle assembler reduces it's range of vehicles ✅
A ) A low GDP per head together with a high calorie intake
B ) A low life expectancy together with a high rate of adult literacy
C ) A low rate of infant mortality together with a high death rate
D ) A low school-leaving age together with a low rate of employment ✅
A ) Bearish ✅
B ) Bullish
C ) Cresh
D ) Fall down
A ) An increase in exports
B ) An increase in unemployment
C ) A decrease in government spending ✅
D ) A decrease in private sector investment
A ) The average size of families
B ) The gross domestic Product per head ✅
C ) The number of workers in agriculture
D ) The size of cities
A ) Wage levels
B ) The output of goods and services
C ) The amount of money spent on goods and services
D ) The amount of money needed to purchase a given quantity of goods and services ✅
A ) China ✅
B ) Bolivia
C ) Malaysia
D ) Nigeria
A ) Design, development, production and servicing ✅
B ) Production, installation of the product and servicing
C ) Detection and control of the disposition of any product nonconformity during the final inspection and testing stages
D ) All of these
A ) ISO 9001
B ) ISO 9002
C ) ISO 9003
D ) ISO 9004 ✅
A ) 2 years ✅
B ) 3 years
C ) 4 years
D ) 5 years
A ) Japan ✅
B ) South Korea
C ) Taiwan
D ) Malaysia
A ) In the short period disequilibrium in their balance of payments ✅
B ) In their long period disequilibrium in their balance of payments
C ) Advises the member countries on economic and monetary matters
D ) All the above
A ) A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up;a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price ✅
B ) There is nothing significantly different as both operate in the capital market
C ) Bull is one who first sells a share and then buys it at a lower price;bear means one who first buys and then sells it in expectation of prices going up
D ) A bull is ready to buy any share; a bear only deals in government securities
A ) The taxes earned by the State
B ) The sum of all factors of income ✅
C ) Personal incomes of all the citizens
D ) Surplus of exports over imports
A ) Bearer Cheques
B ) Credit Cards ✅
C ) Demand Drafts
D ) Gift Cheques
A ) Bonn
B ) Parsi ✅
C ) Rome
D ) London
A ) Shares ✅
B ) Debentures and bonds
C ) Commercial paper
D ) Government securities