Preview (15 questions)
1 Question
15 секунд назад
Q.

A compulsory levy on a taxpayer by the government.


Tariff

Tax

2 Question
30 секунд назад
Q.

An agreement under which goods and services, or money is exchanged against a promise to pay later.


Credit

Debit

3 Question
15 секунд назад
Q.

Assets held or obtained for expenditure.


Capital

Interest

4 Question
15 секунд назад
Q.

The general rise in price levels over a period of time.


Growth rate

Inflation

5 Question
15 секунд назад
Q.

The decrease in the monetary value of an asset over time.


Depreciation

Devalue

6 Question
15 секунд назад
Q.

______ occurs when expenses exceed revenues.


Deficit

Surplus

7 Question
15 секунд назад
Q.

The slowdown in economic activities.


Capital intensive

Recession

8 Question
15 секунд назад
Q.

A fixed income tool representing the loan made by an investor to a borrower.


Bond

Equity

9 Question
15 секунд назад
Q.

A benefit gave by the government to individuals or entities to make goods available to people at an affordable cost.


Stock

Subsidy

10 Question
15 секунд назад
Q.

The rate at which one country's currency can be exchanged for another country's currency.


Exchange rate

Distant sale

11 Question
15 секунд назад
Q.

It is the ease at which an asset can be converted to cash.


Appreciation

Liquidity

12 Question
15 секунд назад
Q.

A year set as a reference point for comparison purposes.


Base year

Dividend

13 Question
15 секунд назад
Q.

It is the mechanism by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.


Demand Schedule

Fiscal policy

14 Question
15 секунд назад
Q.

This branch of the economy deals with interest rates and national productivity.


Microeconomics

Macroeconomics

15 Question
15 секунд назад
Q.

A government policy of minimal or no interference in the economic affairs of individuals and society.


Laissez-faire

Ceteris paribus