How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?

A. bankruptcy
B. default
C. total loss
D. crash

A supply curve is directly affected by ?

A. Technology
B. Input costs
C. Government regulation
D. All of the above

Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?

A. a precise list or enumeration of financial transactions
B. money deposited for checking savings or breakage use
C. a customer having business or credit relationship with a firm
D. all of these

If the diagram of a line shows that lower values on the vertical scale are associated with higher values on the horizontal scale this is an example of ?

A. A nonlinear relationship
B. A positive linear relationship
C. A scatter diagrams
D. A negative linear relationship

when a market is in equilibrium ?

A. Quantity demanded equals quantity supplied
B. Excess demand and excess supply are zero
C. The market is cleared by the equilibrium price
D. All of the above

A real value can be derived from a nominal value by ?

A. Adjusting for changes over time
B. Adjusting for data collection errors
C. Adjusting for population changes
D. Adjusting or changes in prices

A straight-line diagram can be drawn knowing the ________ and ________?

A. Vertical axis and horizontal axis
B. Intercept and slope
C. Scale and slope
D. Intercept and scale

Macroeconomics is the study of ?

A. Individual building blocks in the economy
B. The relationship between different sectors on the economy
C. Household purchase decisions
D. The economy as a whole

Time series data show information ?

A. About the same point in time over different places
B. About different points in time over the same variable
C. About different variables over different places
D. About different points in time over different places

In the mixed economy________________?

A. Economics problems are solved by the government and market
B. Economic decisions are made by the private sector and free market
C. Economic allocation is achieved by the invisible hand
D. Economics s is solved by government departments