McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Arts in Economics (BA Economics) .
| 51. |
Production function shows -------- relation between input and output |
| A. | technical |
| B. | functional |
| C. | all of the above |
| D. | none of the above |
| Answer» B. functional | |
| 52. |
Value of money --------- when there is inflation |
| A. | increase |
| B. | stagnant |
| C. | decrease |
| D. | zero |
| Answer» A. increase | |
| 53. |
The operating period in which at least one factor of production is fixed is called |
| A. | short run |
| B. | long run |
| C. | medium run |
| D. | none of the above |
| Answer» A. short run | |
| 54. |
The operating period in which all factors of production are variable is called |
| A. | short run |
| B. | long run |
| C. | medium run |
| D. | none of the above |
| Answer» B. long run | |
| 55. |
Uninsured risk are called |
| A. | uncertainty |
| B. | choice |
| C. | inter temporal choice |
| D. | optimum risk |
| Answer» A. uncertainty | |
| 56. |
An example of negative externality is |
| A. | output |
| B. | sales |
| C. | pollution |
| D. | profit |
| Answer» C. pollution | |
| 57. |
Computation of present value is called |
| A. | discounting |
| B. | compounding |
| C. | adding up |
| D. | forecasting |
| Answer» C. adding up | |
| 58. |
Computation of future value of money is called |
| A. | discounting |
| B. | compounding |
| C. | adding up |
| D. | forecasting |
| Answer» D. forecasting | |
| 59. |
In financial sense, investment is |
| A. | net addition to capital stock |
| B. | savings |
| C. | allocation of monetary resources on assets |
| D. | increased output |
| Answer» A. net addition to capital stock | |
| 60. |
The assets known as gilt edged securities |
| A. | debenture |
| B. | government securities |
| C. | bonds |
| D. | gold |
| Answer» C. bonds | |
| 61. |
The privilege of issuing company to call back bonds is known as |
| A. | call |
| B. | hedging |
| C. | speculation |
| D. | arbitrage |
| Answer» A. call | |
| 62. |
------ is also called after market |
| A. | primary market |
| B. | secondary market |
| C. | tertiary market |
| D. | money market |
| Answer» A. primary market | |
| 63. |
Which of the following is a non-negotiable instrument? |
| A. | treasury bills |
| B. | shares |
| C. | debentures |
| D. | bank deposit |
| Answer» D. bank deposit | |
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