An example of a transfer payment is ?

Related Mcqs:

1. Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

   A. Bonus
   B. Overtime
   C. Prize
   D. Gift

2. A payment is made in return for some transference of privilege. What this payment is called ?

   A. Royalty
   B. Rent
   C. Share
   D. Intellectual royalty

3. Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?

   A. Golden bonus
   B. Golden shake hand
   C. Friendly handshake
   D. Golden handshake

4. Which of the following payment instruments introduced by the banks is known as plastic money ?

   A. Bearer cheques
   B. Credit Cards
   C. Demand Drafts
   D. Gift Cheques

5. The balance of payment is ?

   A. Balance between a nation’s expenditure on imports and its receipts from exports
   B. Total sum a state owned
   C. Total liabilities of a nation
   D. Shortfall in budget

6. Which term is used for a country’s holdings of intentionally acceptable means of payment ?

   A. Holdings
   B. Reserves
   C. Foreign currency
   D. Treasure

7. Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ?

   A. Rolling debt
   B. Bad debt
   C. Rescheduling
   D. Default

8. Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?

   A. Capital
   B. land
   C. skilled labor
   D. unskilled labor

9. When an international seller sells a plant equipment or technology to another country and agrees to take payment in the resulting products, it is called?

   A. barter
   B. buy-back
   C. counterpurchase
   D. like-value-exchange

10. Suppose that Boeing is to receive payment in euros in 6 month and wants to engage in hedging the firm would _______ euros on the 6-month forward market in order to protect itself from a/an of the euro?

    A. sell; appreciation
    B. sell; depreciation
    C. buy; depreciation
    D. buy; appreciation