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Basic Economics
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Basic Economics
What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ?
Bounce
Grossed
Return
Refused
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Basic Economics
A payment is made in return for some transference of privilege. What this payment is called ?
Royalty
Share
Rent
Intellectual royalty
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Basic Economics
Which market is called Bear market ?
A very big market
Market with a prolonged period of falling stock prices
Market with upward and stock prices.
A very big industrial market
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Basic Economics
How is termed the ability to buy ?
Income level
Purchasing power
Gross purchasing power
Purchasing power parities (PPP)
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Basic Economics
Which term is used for the total net value of all goods and services produced in a country in specified period of time ?
National income
Local income
Public income
Gross income
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Basic Economics
What does mean by Franchise__________________?
Authorization granted to someone to sell or distribute a company’s goods or service in certain area
A privilege or right officially granted by a person or group by a government
Territory or limits within which immunity, privilege or right may be exercised
All of the above
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Basic Economics
The sum of total income received for the services of labor, land or capital in a country is called?
Gross domestic income
National income
Gross domestic product
Gross national income
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Basic Economics
Cost-push inflation is also known as:
Supply side inflation
Supply side deflation
Demand side inflation
Demand side deflation
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Basic Economics
Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?
Price support
Price competition
Price war
Price battle
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Basic Economics
What does mean by Deed________________?
legal instrument used to grand a right
legal instrument
Something done
none of the above
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