Economics Mcqs — Test 102
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Question 1
Economic system in which the government owns and controls the means of production to benefit all the people is called ?
Question 2
In Planned economy’ Production and distribution of Wealth is under control of_____________?
Question 3
There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?
Question 4
Name a market that is characterized by a small number of producers who often act together to control the supply of a particular good and its market price ?
Question 5
Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as______________?
Question 6
Name a gold, silver, or platinum coin than usually traded at slightly more than its current bullion value ?
Question 7
Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ?
Question 8
A company’s first sale of stock to the public is called ?
Question 9
A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?
Question 10
In the context of contracts, what refers to secret payments made to ensure that the contract goes to a specific firm ?