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Basic Economics
A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?
Draft
Demand draft
Invoice
Bill of Intent
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Basic Economics
What is measured by Gross domestic product (GDP)?
Value of all economic activity within nation’s border
Economic activity of federal government
Economic output of a country
None of these
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Basic Economics
Trade name is ?
Under which a business firm operates
By which commodity service or process is known to trade
Used to identify a commercial product or service
All of them
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Basic Economics
Trade between two countries can be useful if cost ratios of goods are ?
Undetermined
Different
Equal
Decreasing
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Basic Economics
Of which mineral’s chief exporter is Mexico ?
Aluminum
Silver
Tin
Gold
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Basic Economics
What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?
Public debt
National debt
Both of them
None of them
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Basic Economics
What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ?
Book corporation
Going legal
Chartered corporation
Incorporation
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Basic Economics
Government policy about exports and imports is called ?
Fiscal policy
Monetary policy
Commercial policy
Finance policy
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Basic Economics
Inflation means ?
Rise in money supply
Rise in budget deficit
Rise in general price index
Reflection
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Basic Economics
The sole legal right to print or publish anything which belongs to the author or his assignees is called ?
Sole right
Property right
Copyright
Right
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