Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?

Related Mcqs:

1. “Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

   A. A bond with a longer time to maturity
   B. A certificate of deposit whose principal is payable at maturity
   C. A certificate of deposit with a shorter time to maturity
   D. certificate of deposit with a longer time to maturity

2. Which term is used for the total net value of all goods and services produced in a country in specified period of time ?

   A. National income
   B. Public income
   C. Local income
   D. Gross income

3. What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ?

   A. Bounce
   B. Return
   C. Grossed
   D. Refused

4. A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle ?

   A. Relative Advantage
   B. Complete Advantage
   C. Comparative Edge
   D. Comparative Advantage

5. A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle?

   A. Relative Advantage
   B. Complete Advantage
   C. Comparative Edge
   D. Comparative Advantage

6. How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?

   A. Human Development Index (HDI)
   B. Consumer Price Index (CPI)
   C. Complete Price Index (CPI)
   D. Comparative Price Index (CPI)

7. Inferior goods have _________ and luxury goods have _________?

   A. negative income elasticity income elasticity greater than 1
   B. income elasticity greater than 1, negative income elasticities
   C. Positive income elasticities, negative income elasticities
   D. None of the above

8. S = Savings, I = domestic investment, X = exports of goods and services, and M = imports of goods and services Which of the following is true ?

   A. S – I = X = M
   B. S + I = X + M
   C. S = I – (X+M)
   D. S-I = X/M

9. _______ states that as real GNP per capita rises, people demand relatively more social goods and relatively fewer private goods?

   A. incomes policy
   B. Moral hazard
   C. Wagner’s law
   D. Fiscal policy

10. If the cross-price elasticity between two goods is negative the two goods are likely to be ?

    A. substitutes
    B. complements
    C. necessities
    D. luxuries