The production of a commodity in which a higher proportion of capital is used is known as
(a) Labour Intensive
(b) Capital Intensive-✔️
(c) Both of the above
(d) None of the above
The market for long term loanable funds as different from the market that deals in short term loans is called:
(a) Capital Market-✔️
(b) Capital Stock
(c) Both of the above
(d) None of the above
The total amount of physical capital in the economy or in a firm or industry is termed as
(a) Capital Market
(b) Capital Gains
(c) Capital Stock-✔️
(d) None of the above
An association of producers to regulate prices by restricting output and competition is called
(a) Cartel-✔️
(b) Monopoly
(c) Merger
(d) None of the above
The most common example of an international cartel is the
(a) South Asian Association for Regional Corporation. (SAARC)
(b) Organization of Petroleum Exporting Countries (OPEC)-✔️
(c) Economic Commission for Europe (ECE)
(d) International Monetary Fund (IMF)
The flow of money payments to or from a firm is called “Cash Flow”. Expenditure is sometimes referred to as:
(a) Gross Cash Flow
(b) Negative Cash Flow-✔️
(c) Positive Cash Flow
(d) All of the above
The banker’s bank and lender of last resort is the
(a) Commercial Bank
(b) Investment Bank
(c) Central Bank-✔️
(d) All of the above
A certificate that specifies the country of origin of an export or import is called
(a) Certificate of Deposit
(b) Certificate of Origin-✔️
(c) Certificate of Incorporation
(d) None of the above
The order written by the drawer to a commercial bank or central bank to pay on demand a particular sum to a bearer is referred to as
(a) Pay check
(b) Cheque-✔️
(c) Draft
(d) Money order
A measurement of unemployment based on the number of people out of work and claiming unemployment benefits is called in terms of economic theory
(a) Employment Count
(b) Claimant Count-✔️
(c) Both of the above
(d) None of the above
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