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Question-1
Low unemployment will lead to:
(A)
Increased living standards
(B)
Reduced living standards
(C)
Increased output
(D)
Inflation
Question-2
The price of one in terms of another is:
(A)
Exchange rate
(B)
Imports
(C)
Exports
(D)
Economic growth
Question-3
High rate of inflation will reduce:
(A)
Unemployment
(B)
Low income
(C)
Real income
(D)
Inflation
Question-4
When price rising rapidly, it will give a chance to:
(A)
Unemployment
(B)
Economic growth
(C)
Inflation
(D)
Deflation
Question-5
Decision taken under the influence of moral code is:
(A)
Ethical decision
(B)
Moral decision
(C)
Empirical decision
(D)
Group decision
Question-6
Unemployment leads to:
(A)
Low out put
(B)
High rate of GDP
(C)
Increase in real income
(D)
Low rate of price of commodities
Question-7
People may buy foreign goods instead of buying their on country's goods.This is a result of:
(A)
Unemployment
(B)
Low income
(C)
Real income
(D)
Inflation
Question-8
The other name of trade cycle.
(A)
Business cycle
(B)
Fall in cycle
(C)
Growth cycle
(D)
Decentralisation
Question-9
The policy used by Government to improve the efficient supply of goods and service in a country.
(A)
Monetary policy
(B)
Supply side policy
(C)
Fiscal policy
(D)
Exchange rate
Question-10
Tax on an imported good is:
(A)
Tax
(B)
Import tariff
(C)
Export tax
(D)
Export duty
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Cambridge Advanced Grade 12
IGCSE
Practice in Related Chapters
Purpose of Business Activity
Types of Business Activity
Other External Influences on Business
Forms of Business Organisation
Financing Business Activity
Enterprise
Business Structure
Size of Business
Business Objectives
Recruitment, Training and Human Resources
External Economic Influences on Business Behaviour
Stakeholders in a Business
Organisational Structure
Government and Economic Influences on Business
Managing a Business
Communication in Business
Motivation at Work
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