Basic Economics
Keynesian economics is an economic theory of British economist John Maynard. What this theory states ?
Regulation is necessary for economic growth and stability
A free market is necessary for economic growth and stability
Active government intervention is necessary to ensure economic growth and stability
Government intervention is not necessary to ensure economic growth and stability
Active government intervention is necessary to ensure economic growth and stability
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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. Ricardoโs theory
A tax on imports exports, or consumption goods is called ?
A. Custom
B. Duty
C. Drawback
D. Excise
A companyโs first sale of stock to the public is called ?
A. First Public Offering
B. Public Offering
C. Initial Public Offering (IPO)
D. Going Public
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 buyerโs responsiveness to price changes ?
A. Demand push Supply
B. Production and Supply
C. Demand and Supply
D. Demand pull supply
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