A. Anthracite
B. Bituminous coal
C. Lignite
D. Peat
Related Mcqs:
- Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?
A. I and III only
B. II and III only
C. I, II and III only
D. I, II , III only IV - Which of the following types of coal represents the first stage of formation of coal ?
A. Anthracite
B. Bituminous
C. Lignite
D. Peat - If a nation’s interest rates are relatively low compared to those of other countries. then the exchange value of its currency will tend to ?
A. not be affected
B. appreciate
C. depreciate
D. fluctuate more than if interest rates were high - If a nation’s interest rates are relatively low compared to those of other countries then the exchange value of its currency will tend to ?
A. depreciate under a system of fixed exchange rates
B. depreciate under a system of floating exchange rates
C. appreciate under a system of floating exchange rates
D. appreciate under a system of floating fixed rates - The highest grade of coal whose surface is shining and has the highest calorific value is ?
A. Lignite
B. Peat
C. Bituminous
D. Anthracite - If an increase in the budget deficit reduces national saving and investment we have witnessed a demonstration of ?
A. intermediation
B. equity finance
C. crowding out
D. the investment fund effect - Which of the following reduces risk in a portfolio the greatest ?
A. Increasing the number of shares from 10 to 20
B. All of these answers provide the same amount of risk reduction
C. Increasing the number of shares in the portfolio from 1 to 10
D. Increasing the number of shares from 20 to 30 - Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ?
A. Rs 150 or more
B. Rs 500,000 or more
C. Rs50,000 or more
D. Rs500 or more
E. Rs100 or more - If the Bank of England reduces the money supply to reduce inflation a floating exchange rate will aid the Bank of England in fighting inflation because ?
A. as the money supply is decreased the interest rate will increase and the price of UK exports will rise and the Price of UK imports will fall
B. as the money supply is decreased the interest rate will increase, and the price of UK exports will fall and the price of UK imports will rise
C. as the money supply is decreased the interest rate will increase and the price of UK exports and UK imports will fall.
D. as the money supply is decreased the interest rate will increase and the price of both UK exports and UK imports will rise - If a small percentage increase in the price of a good greatly reduces the quantity demanded for that good, the demand for that good is ?
A. income inelastic
B. price inelastic
C. price elastic
D. unit price elastic
