Question # 1

What is a check representing a portion of the corporate earnings or profits called?

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Dividend

proxy

stock

fringe benefits

If you were being treated extremely well by someone and they made you fell really special, It is said that you are getting the _____ treatment?

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PIP

^VIP

PPI

XSP

Which of hr following can the government not use directly to control the economy:

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Pay rates within the private sector

Pay rates in the pubic sector

Investment in education

Benefits available for the unemployed and sick

To anticipate what the economy is going to do next the government will look at:

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Lagging indicators

Flashing indicators

Coincidental indicators

Leading indicators

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

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There will be equilibrium in the labour market

There will excess demand in the labour

There will be excess supply in the labour market

More people will be employed

Which sector contributes the highest share in Gross domestic Saving?

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Domestic sector

Public Sector

Government sector

Private Corporate sector

Depletion method of depreciation is used in case of:

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Cattle, Loose Tools, etc

Mines, Quarries, etc

Machinery, Building, etc

Books

According to the law of diminishing utility:

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Utility is a maximum whit the first unit

Increase units of consumption increase the marginal utility

Marginal product will fall as more units are consumed

Total utility will rise at a falling rate as more units are consumed

What is "Dumping"?

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The sale of the sub-standard commodity

Sale in a foreign market of a commodity at a price below marginal cost

Sale in a foreign market of a commodity just at marginal cost without too much of profit

Smuggling of goods without paying any customs duty

What does LAPES stand for?

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Low activity Parachute Extraction system

Low altitude parachute extraction system

Low Area Parachute Evaluation service

Lightly Articulate Pulmonary Extension

When did the Euro banknotes and coins start to circulated:

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January 1,2002

December 1,2001

July 1, 2002

January 1, 2003

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