All Free Economics MCQs with Answers

• A. Net assets
• B. Assets
• C. Holdings
• D. Capital

Explanation: Capital consists of produced assets and financial resources used to generate income or further production.

• A. free exchange of money
• B. exchange of services
• C. exchange of goods and services
• D. None of them

Explanation: Barter is direct exchange of goods or services without using money, so the broad definition is an exchange of goods and services.

• A. Charging an asset amount to expense of loss
• B. To forget
• C. To withdraw
• D. None of these

Explanation: A write-off removes an asset’s unrecoverable value from the accounts by charging it to an expense or loss.

• A. Liquidator
• B. Solicitor
• C. Receiver
• D. Agent

Explanation: A receiver is appointed to take control of a debtor’s assets and manage repayment for secured creditors.

• A. Solid asset
• B. Unmovable property
• C. Real estate
• D. Property

Explanation: Real estate consists of land together with buildings and other permanently attached physical property.

• A. Mutual arrangement
• B. Quid Pro quo
• C. Bilateral arrangement
• D. common interest

Explanation: Quid pro quo means an exchange of one benefit for another: the firm receives research and directs its trades to the research provider.

• A. Total amount of money being borrowed or lent
• B. Party affected by agent decision in a principal agent relationship
• C. Both of them
• D. None of them

Explanation: Principal has both meanings listed: it is the original amount borrowed or lent, and it is the party for whom an agent acts in a…

• A. Grey market
• B. Over-the counter (OTC)
• C. Open market
• D. Back market

Explanation: An over-the-counter market has no centralized exchange; geographically dispersed dealers trade securities through communication networks…

• A. Oligopoly
• B. Monopoly
• C. Oligopsony
• D. Grey market

Explanation: An oligopoly is dominated by a few producers, so each firm's decisions affect the others and firms may cooperate to influence output and…

• A. National Association of Securities Dealers Automatic Quotation system (Nasdaq)
• B. New York Stock Exchange
• C. Wall Street
• D. Nikkei Stock Average

Explanation: NASDAQ stands for National Association of Securities Dealers Automated Quotations and electronically reports quotations for actively…

• A. Hard Leaf
• B. Maple Leaf
• C. Green Leaf
• D. Gold Leaf

Explanation: The Maple Leaf is a Canadian bullion coin minted in gold, silver, and platinum, normally sold for a small premium above its metal value.

• A. Liquid asset
• B. Solid asset
• C. Hard asset
• D. None of these

Explanation: A liquid asset can be converted into cash quickly and with little loss in value, making cash and short-term securities typical examples.

• A. kickback
• B. Commission
• C. Bribe
• D. Graft

Explanation: A kickback is a secret payment returned to an intermediary or official for directing business, such as awarding a contract to a particular…

• A. Demand draft
• B. Draft
• C. Invoice
• D. Bill of Intent

Explanation: An invoice is the seller's written statement showing the goods or services supplied and the amount payable by the purchaser.

• A. Public Offering
• B. First Public Offering
• C. Initial Public Offering (IPO)
• D. Going Public

Explanation: An initial public offering is the first sale of a company's shares to the general public, abbreviated IPO.

• A. Mother company
• B. Father company
• C. Holding company
• D. joint company

Explanation: A holding company controls another company by owning enough voting shares to influence or elect its board and direct management.

• A. Common fund
• B. Stock fund
• C. Growth fund
• D. Capital growth fund

Explanation: A growth fund invests mainly in shares of companies expected to increase earnings and market value, seeking capital gains rather than…

• A. Golden bonus
• B. Golden shake hand
• C. Friendly handshake
• D. Golden handshake

Explanation: A golden handshake is a large severance payment made to a senior employee who retires or loses the job because of a takeover or…

• A. Unmovable asset
• B. Fixed property
• C. Production line
• D. Fixed asset

Explanation: A fixed asset is a long-lived asset used in production, such as land, buildings, machinery or equipment.

• A. Lead to freer market
• B. Lead to a more efficient marketplace
• C. Both of them
• D. None of them

Explanation: Deregulation removes or reduces government restrictions, allowing market forces to operate more freely.