Description : Could there ever be a free market, laissez-faire capitalist world without poor people or is socialism the only solution to ending poverty?
Last Answer : “Could there ever be a free market, laissez-faire capitalist world without poor people” No. On the contrary, it requires poor people in order to function.
Description : How can/will the free market help our economic situation?
Last Answer : If we would leave it alone, it would cure itself. Unfortunately, our myopic government is using this as an opportunity to convert us to a Marxist system of highly controlled socialism.
Description : One of the features of a free market economy is - (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer's sovereignty
Last Answer : (4) consumer's sovereignty Explanation: Consumer Sovereignty is one of the features of a free market economy. It refers to the assertion consumer preferences determine the production of goods and ... market performance is in fact responsive to the specific wants of the consumers within the system.
Description : Which of the following is not helpful in controlling money supply? (1) Free market policy (2) CRR (3) Bank Rate (4) Change in margin requirement
Last Answer : (1) Free market policy Explanation: The Central Bank of a country regulates money supply with the help of open market operations, changing the reserve requirements (CRR) and changing discount rate ( ... In India, the Reserve Bank of India has recently been resorting more to open market operations.
Description : A 'Market Economy' is one which - (1) is controlled by the Government (2) is free from the Government control (3) in influenced by international market forces (4) All of these
Last Answer : (2) is free from the Government control Explanation: A market economy is an economic system in which economic decisions and the pricing of goods and services are guided solely by the ... little government intervention or central planning. The United States is the world's premier market economy
Description : 1) Which among the following could be said to be an 'Open Economy'? a) A nation that follows the doctrine of Free-market and Laissez-faire economics b) A nation that trades with other ... services and financial assets c) An economy that operates without government intervention d) None of the above
Last Answer : : b) A nation that trades with other nations in goods and services and financial assets
Description : What does the term free-market denote in terms of economy? a) Minimal government intervention in trade and minimum regulations b) Maximum government intervention in trade and maximum regulations c) Means of production owned by the state d) None of the above
Last Answer : : a) Minimal government intervention in trade and minimum regulations
Description : Macroeconomics is a study of economics that deals with which 4 major factors: a) households, firms, government, and demand-supply b) households, firms, government and external sector c) firms, government, free-market, and regulations d) none of the above
Last Answer : b) households, firms, government and external sector
Description : Which of the following is not helpful in controlling money supply ? (1) Free market policy (2) CRR (3) Bank Rate (4) Change in margin requirement
Last Answer : Free market policy
Description : One of the features of a free market economy is (1) active state intervention (2) public ownership of factors of production (3) rationing and price control (4) consumer’s sovereignty
Last Answer : consumer’s sovereignty
Description : In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and ... of various commodities produced (4) the Government controls the allocation of all the factors of production
Last Answer : the Government does not interfere in the free functioning of demand and supply forces in the market
Description : A ‘Market Economy’ is one which (1) is controlled by the Government (2) is free from the Government control (3) in influenced by international market forces (4) All of these
Last Answer : is free from the Government control
Description : Is there a way to profit from the alt-right movement? Should I try to corner the market on brown shirts? Or maybe white cloth for KKK robes?
Last Answer : Buy stock in Zyklon-B
Description : Why does the Market tumble every time somebody somewhere sneezes?
Last Answer : Because traders are human beings subject to the same prejudices, gossip and herd think that the rest of us are.
Description : You are a market analyst specializing in the oil industry and have been asked to forecast the likely price of oil in 2012.
Last Answer : world wide demand will increase as the US economy is in full rebound, EU strengthens, and China and India continue to grow. Crude will rise from its current $84 – $85 range to $120 per barrel.
Description : Is this a sign of a healthy, competitive market?
Last Answer : Doesn’t sound good to me, nor does taking over auto companies. Let auto companies fail; smaller companies would form to take over their assets and make them more competitive.
Description : How do natural disasters affect the stock market?
Last Answer : I'm no financial expert, but I believe investors have so little confidence in the health of the national and world economy nowadays that they sell shares at the slightest hint of anything that might ... contribute huge sums of money and manpower to disaster aid, it places a strain on our economy.
Description : How does investing in the stock market create wealth?
Last Answer : Historically the securities market has outperformed other instruments.
Description : How does the "human capital model" and "labor market discrimination model" explain the gender wage gap?
Last Answer : Labor Market Discrimination Model This site has a pretty good answer on how the labor market discrimination model relates to the gender wage gap. Although it only gives a definition of the model it may ... how it relates to the gender wage gap. http://ideas.repec.org/p/iza/izadps/dp1102.html
Description : What time does the stock market open east coast time?
Last Answer : 9:30 am to 4:00pm New York Time. Star for me.
Description : Globalisation means - (1) Integration of economy (2) Integration of financial market (3) Integration of the domestic economy with the world economy (4) Integration of the various sectors of economy
Last Answer : (3) Integration of the domestic economy with the world economy Explanation: Globalization is the process of international integration arising from the interchange of world views, products, ... globalization refers to processes that promote world-wide exchanges of national and cultural resources.
Description : Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy
Last Answer : (4) Monetary policy Explanation: Bank Rate Policy, open market operations and variation of Cash Reserve Ratios, etc. are instruments of monetary policy. With the help of these instruments, the ... money, often targeting a rate of interest for the purpose of promoting economic growth and stability.
Description : A Black Market is a situation where in (1) Goods are loaded by the producers (2) Goods are sold secretly (3) Goods are sold at prices higher than what is fixed by the Government (4) Goods are made available
Last Answer : (2) Goods are sold secretly Explanation: Black market is the market in which illegal goods are traded. Goods acquired illegally take one of two price levels: (i) they may be cheaper than legal ... defining feature of black markets is that they have to be carried out secretly as they are illegal.
Description : Equilibrium price in the market is determined by the - (1) equality between marginal cost and average cost. (2) equality between total cost and total revenue. (3) equality between average cost and average revenue. (4) equality between marginal cost and marginal revenue.
Last Answer : (4) equality between marginal cost and marginal revenue. Explanation: The equilibrium price is the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the ... in equilibrium at the point of equality of marginal cost and marginal revenue. (MC = MR).
Description : Open market operations of RBI refer to buying and selling of - (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds
Last Answer : (4) Government bonds Explanation: OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to ... are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.
Description : )A very high rise in National Income at current market prices and a low rise at constant prices reveals - (1) the high rate of growth in the economy at the current period (2) the increased ... period (3) the improper growth of the economy (4) the high rate of inflation prevailing in the economy
Last Answer : (3) the improper growth of the economy Explanation: When national output is multiplied by present ruling price, we obtain national income at current prices. On the other hand if the national output is ... not indicate increase in product or output, but is rather due to the rise in price level.
Description : Aggregate net value of the output in one year is the - (1) National income at factor cost (2) Gross Domestic Product at market prices (3) Net. National Product at market prices (4) Gross National Product at market prices
Last Answer : (3) Net. National Product at market prices Explanation: Net national product at market price is the market value of the output of final goods and services produced at current price in ... at market price, Net national product at market price=Gross national product at market priceDepreciation.
Description : The economist who believed that unemployment is impossible and that market mechanism has a built in regulatory system to meet any ups and downs - (1) J.M.Keynes (2) Ohlin (3) J. B. Say (4) Galbraith
Last Answer : (3) J. B. Say Explanation: The classical economists' belief in full employment as a normal condition of a free market economy is based on Say's Law of Markets. It was on the ... overproduction and hence general unemployment were impossible. The law simply states "supply creates its own demand."
Description : The terms 'Bull' and 'Bear' are associated with - (1) Banking (2) Foreign Trade (3) Stock Market (4) Internet Trade
Last Answer : (3) Stock Market Explanation: The terms 'bull' and 'bear' describe upward and downward trends respectively of the stock market. A bear market refers to a decline in prices, usually for .a period of ... group of securities or the securities market as a whole. A bull market is when prices are rising.
Description : Longterm funds in the capital, market can be raised either by borrowing from certain institutions or through - (1) issue of note (2) taking loan from Government (3) issue of securities (4) taking loan from foreign institutions
Last Answer : (3) issue of securities Explanation: Capital markets provide for the buying and selling of long term debt or equity backed securities. When they work well, the capital markets channel the wealth of ... to raise long-term funds by providing a market for securities, both through debt and equity.
Description : Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP
Last Answer : (4) GNP Explanation: Gross National Product (GNP) is defined as "the market value of all goods and services produced in one year by labour and property supplied by the residents of a country. It is ... ), defined as "the value of all final goods and services produced in a country in I year."
Description : Situation Analysis is useful for: (1) Analysis of Capital Market (2) SWOT Analysis (3) Capital Market. (4) Analysis of Capital Market and Capital Market.
Last Answer : (2) SWOT Analysis Explanation: Three of the four options in the question are identical. Situation analysis refers to a collection of methods that managers use to analyze an organization's internal ... , and external opportunities and threats faced by it are closely examined to chart a strategy.
Description : Insider trading is related to - (1) Trade sector (2) Share market (3) Credit market (4) Horse racing
Last Answer : (2) Share market Explanation: Insider trading is the trading of a public company's stock or other securities by individuals with access to non-public information about the company. It is related ... stock holders are at a great disadvantage due to lack of important insider non-public information.
Description : In the context of the stock market, IPO stands for - (1) Immediate Payment Order (2) Internal Policy Obligation (3) Initial Public Offer (4) International Payment Obligation
Last Answer : (3) Initial Public Offer Explanation: An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general ... traded enterprises. A company selling shares is never required to repay the capital to its public investors.
Description : The market equilibrium for a commodity is determined by : (1) The market supply of the commodity. (2) The balancing of the forces of demand and supply for the commodity (3) (3) The intervention of the Government. (4) (4) The market demand of the commodity.
Last Answer : (2) The balancing of the forces of demand and supply for the commodity Explanation: Market Equilibrium is determined when the quantity demanded of a commodity becomes equal to the quantity ... equilibrium is known as equilibrium price and the corresponding quantity is known as equilibrium quantity.
Description : If an industry is characterized by economies of scale then - (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial
Last Answer : (2) long run unit costs of production decreases as the quantity the firm produces increases Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion ... in unit cost as the size of a facility and the usage levels of other inputs increase.
Description : J. B. Say's Law of Market was not accepted by - (1) Adam Smith (2) Marshall (3) Malthus (4) David Ricardo
Last Answer : (2) Marshall Explanation: Malthus opposed what has come to be described as Say's Law: that supply creates its own demand. He rejected the proposition that the demand for ... productivity increased significantly, demand would not necessarily match supply and gluts of commodities might result.
Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.
Description : New capital issue is placed in - (1) Secondary market (2) Grey market (3) Primary market (4) Black market
Last Answer : (3) Primary market Explanation: The primary market is that part of the capital markets that deals with the issuance of new securities. Companies, governments or public sector institutions can obtain funding through ... sold for the first time. Therefore it is also called the new issue market (NIM).
Description : Money market is a market for - (1) Short term fund (2) Long term fund (3) Negotiable instruments (4) Sale of shares
Last Answer : (1) Short term fund Explanation: The money market is where financial instruments with high liquidity and very short maturities are traded. It is used by participants as a means for borrowing ... the common money market instruments are: commercial paper, municipal notes, interest rate swaps, etc.
Description : Economies of a firm are : (1) An increase in its profits (2) A reduction in its selling expenses (3) Its dominance of the market (4) Saving in it's production costs
Last Answer : (4) Saving in it's production costs Explanation: Economics of a firm includes how it combines labour and capital so as to lower the average cost of output, either from increasing, decreasing, or constant returns ... of a good or a service on a larger scale, yet with (on average) less input costs.
Description : Value-added means value of - (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services
Last Answer : (4) goods and services less cost of intermediate goods and services Explanation: Value added is an economic term to express the difference between the value of goods and the cost of materials or ... services by others. So it is of goods and services less cost of intermediate goods and services.
Description : 'Gold' is mainly related to - (1) Local market (2) National market (3) International market (4) Regional market
Last Answer : (3) International market Explanation: Gold is mainly related to the international market as of all the precious metals, it is the most popular as an investment. Gold has been used throughout history as ... until recent times. Gold price has shown a long term correlation with the price of crude oil.
Description : A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning
Last Answer : (4) market mechanism guided by Government participation and planning Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, ... enterprises and the accumulation of capital remain the fundamental driving force behind economic activity.
Description : Full convertibility of a rupeee means - (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
Last Answer : (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply Explanation: The full convertibility of the Indian currency means ... governmental control. Presently, the issue of capital account convertibility is in the discussion stage.
Description : The term 'Dumping' refers to - (1) The sale of a substandard commodity (2) Sale in a foreign market of a commodity at a price below marginal cost (3) Sale in a foreign market of a commodity just at marginal cost with too much of profit (4) Smuggling of goods without paying any customs duty
Last Answer : (2) Sale in a foreign market of a commodity at a price below marginal cost Explanation: Dumping is an international price discrimination in which an exporter firm sells a portion of its out-put in ... , incurring loss in the foreign market (International Economics by M. Maria. John Kennedy, p.122).
Description : Capital Market Regulator is: (1) NSE (2) RBI (3) SEBI (4) IRDA
Last Answer : (3) SEBI Explanation: Capital Market Regulator is the Securities and Exchange Board of India (SEBI).
Description : In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market
Last Answer : (1) Demand and Supply Explanation: Capitalism generally refers to economic system in which the means of production are largely or entirely privately owned and operated for a profit, structured on the ... and services lead to higher prices and lower demand for certain goods lead to lower prices.
Description : Market segmentation is: (1) Group of Sales Persons (2) Dividing target groups as per their needs (3) Market Division (4) Market Space
Last Answer : (2) Dividing target groups as per their needs Explanation: Market segmentation is a marketing strategy which refers to the aggregating of prospective buyers into groups, or segments, having ... design a marketing mix that precisely matches the expectations of customers in the targeted segment.
Description : "Wall Street" is the name of the : (1) Stock Exchange of New York (2) Indian Township in Washington (3) Super market in Munthai (4) Stock Exchange of kolkata
Last Answer : (1) Stock Exchange of New York Explanation: Wall Street, a 1.1 km street in the Financial District of lower Manhattan, New York City, is home to the world's two largest stock exchanges by ... become a metonym for the financial markets of the United States as a whole, the American financial sector.