Basic Economics
A company’s first sale of stock to the public is called ?
First Public Offering
Public Offering
Initial Public Offering (IPO)
Going Public
Initial Public Offering (IPO)
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When banks prepare their balance sheets. They show the money lent in ?A. Liability
B. Assets
C. Both assets and liabilities
D. None of the above
Government levy tax on imports and exports What this tax is called ?
A. Exercise Duty
B. Custom
C. Tariff
D. Freight
When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?
A. Fundamental theory
B. Supply and Demand theory
C. Cost push theory
D. Ricardo’s theory
A tax on imports exports, or consumption goods is called ?
A. Custom
B. Duty
C. Drawback
D. Excise
Which of the following are bonds that are not registered on the books of the issuer ?
A. Blank bond
B. Open bond
C. Term bond
D. Bearer bond
What is called degree of buyer’s responsiveness to price changes ?
A. Demand push Supply
B. Production and Supply
C. Demand and Supply
D. Demand pull supply
Open market Operation is ?
A. Buying and selling shares of companies
B. Buying and Selling govt. securities
C. Buying and selling bills of exchange
D. Buying and selling foreign exchanges
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