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MCQs

Total Questions : 235 | Page 24 of 24 pages
Question 231. The annual amount that a borrower must pay a lender over an above the total borrowed ?
  1.    Interest
  2.    Loan
  3.    Interest rated
  4.    None
 Discuss Question
Answer: Option A. -> Interest
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 232. The implicit change in real income resulting from the effects of a change in a commodity’s price on quantity demand?
  1.    Income effect
  2.    Substitution effect
  3.    Labour effect
  4.    All
 Discuss Question
Answer: Option C. -> Labour effect
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 233. The responsiveness of the quantity demand of a commodity to change in the consumer’s income, measured by the proportionate change in quantity divided by the proportionate change in income ?
  1.    Elasticity of demand
  2.    Import substitution
  3.    Income elasticity of demand
  4.    None
 Discuss Question
Answer: Option A. -> Elasticity of demand
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 234. The currency of a major industrial country, such as the U.S dollar___________________?
  1.    Main currency
  2.    Hard currency
  3.    Stable currency
  4.    None
 Discuss Question
Answer: Option B. -> Hard currency
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 235. An index measuring national socioeconomic development based on measures of life expectancy at birth, educational attainment and adjusted per capital income ?
  1.    Human development index
  2.    Human poverty index
  3.    Headcount index
  4.    None
 Discuss Question
Answer: Option B. -> Human poverty index
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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