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Basic Economics
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Basic Economics
Cost of production plus a fixed rate of profit is called ?
cost plus
End price
Cost effective
Consumer price
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Basic Economics
Quoted bid or highest price on inventor in willing to pay to buy a security is called ?
Quote price
Bid price
Offer price
Market price
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Basic Economics
What is called the price that a potential buyer is willing to pay for a security ?
Bid
Quote price
Offer price
None of these
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Basic Economics
What is Dumping ?
Scale of goods in large quantities with low quality
sale of goods in large quantities with high quality
Sale of goods in large quantities and at low price
Scale of goods in large quantities with High price
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Basic Economics
How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?
Consumer Price Index (CPI)
Human Development Index (HDI)
Complete Price Index (CPI)
Comparative Price Index (CPI)
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Basic Economics
Market value of all final goods and services produced in a country during a year is definition of ?
NNP
NI
GNP
Consumption
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Basic Economics
Goods that satisfy human wants though their direct use or consumption are called______________?
consumer items
cash goods
consumer goods
cash items
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Basic Economics
Which of the following is the Pakistan’s central bank ?
State Bank
National Bank
Both of the above
None of the above
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Basic Economics
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
Income tax
Withholding tax
Wealth tax
None of these
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Basic Economics
What is Euro ?
Deposit outside one’s home country but in the home country currency
European currency unit, introduced on January 1, 1999
Both of them
None of them
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