An institution or mechanism which brings together buyers and sellers is called____________________?

Related Mcqs:

1. A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?

   A. Speculation
   B. Specialization
   C. Spill over
   D. anti dumping

2. Any system that features one price for sellers and another for buyers ?

   A. Dual price system
   B. Floor pricing
   C. Ceiling pricing
   D. None

3. The demand schedule or the demand curve of all buyers of a good or service is called____________________?

   A. Market demand
   B. Total demand
   C. Both
   D. None

4. An agreement among sellers of a commodity to set a common price or share their commodity market?

   A. Oligopoly
   B. Monopoly
   C. collusion
   D. All

5. Total money income received by the individual or recipients of income is called____________________?

   A. Gross income
   B. Net income
   C. Personal income
   D. None of above

6. Power of a good/ service to satisfy human desire/want is called____________________?

   A. Utility
   B. Worth
   C. The point of satiety
   D. All of these

7. A measure of average output or real output per unit of input is called____________________?

   A. Efficiency
   B. Production
   C. Productivity
   D. None

8. A market in which money of one nation can be used to purchase the money of other nation is called____________________?

   A. Money market
   B. International market
   C. Foreign exchange market
   D. All of these

9. Directing domestic resources to output which a nation is highly efficient at producing is called____________________?

   A. International Trade
   B. Speculation
   C. International specialization
   D. None

10. Any financial institution that serves to channel loan able funds savers to borrowers?

    A. Financial intermediary
    B. IMF
    C. Both
    D. None