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Basic Economics
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Basic Economics
Open market Operation is ?
Buying and selling shares of companies
Buying and Selling govt. securities
Buying and selling bills of exchange
Buying and selling foreign exchanges
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Basic Economics
What is called degree of buyer’s responsiveness to price changes ?
Demand push Supply
Production and Supply
Demand and Supply
Demand pull supply
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Basic Economics
Which of the following are bonds that are not registered on the books of the issuer ?
Blank bond
Open bond
Term bond
Bearer bond
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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
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Basic Economics
A tax on imports exports, or consumption goods is called ?
Custom
Duty
Drawback
Excise
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Basic Economics
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?
Fundamental theory
Supply and Demand theory
Cost push theory
Ricardo’s theory
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Basic Economics
Government levy tax on imports and exports What this tax is called ?
Exercise Duty
Custom
Tariff
Freight
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Basic Economics
When banks prepare their balance sheets. They show the money lent in ?
Liability
Assets
Both assets and liabilities
None of the above
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