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5000 + Economics Mcqs Pdf Download
- The economics system planned economy is ? A. In which economists control production
B. In which production and distribution of wealth is under government’s control
C. In which technocrats control production
D. In which government controls distribution 2. Development means economics growth plus ? A. Inflation
B. Deflation
C. Social change D. Price stability
- Maintaining full employment stabilizing the economy and pursuing economic growth are issues analyzed in the context of ?
A. super economics
B. microeconomics
C. microeconomics D. hyper economics
- The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ? A. Breton Wood method com
B. Free market exchange rate
C. Atlas method of exchange rate
D. Open market exchange rate 5. What is called the difference in the money value between export and imports during the specific period of time?
A. Balance of payment
B. Balance sheet
C. Terms of trade
D. Balance of trade
- How is termed the legal proceeding in which debtor remains unable
A. Bankruptcy
B. Default
C. Total loss
D. Crash
- What is called the trade of goods or services without the exchange
A. Free exchange
B. Liberal Exchange
