Economics Mcqs
Mention the theory of inflation or price increase that results from so-called excess demand ?

A. demand curve theory
B. cost-push inflation
C. demand-pull inflation
D. demand push inflation

Deregulation is the reduction of government’s role in controlling markets. Which of the following is result(s) of deregulation ?

A. lead to freer market
B. lead to a more efficient marketplace
C. both of them
D. none of them

What is called degree of buyer’s responsiveness to price changes ?

A. production & supply
B. demand push supply
C. demand & supply
D. demand pull supply

What is called interest payments plus repayments of principal to creditors ?

A. debt retirement
B. debt relief
C. debt service
D. payback

What is called when government spending overwhelms government revenue resulting in government borrowing ?

A. budget deficit
B. deficient financing
C. unbalanced spending
D. deficit spending

Term a film that is engaged in two or more unrelated businesses ?

A. conglomerate
B. multinational
C. giant
D. incorporation

What is called the centers around the ability of a national economy to generate enough interests and principal on its foreign debt ?

A. national economic risk
B. country economic risk
C. country finance risk
D. foreign exchange risk