A. State bank
B. Commercial bank
C. World bank
D. None
Correct Answer: Commercial bank ✔
Last Updated: March 28, 2019
Related MCQs
- A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called__________?
- A federal budget deficit caused by a recession and a consequent decline in tax revenues ?
- A labour union which limits its membership to workers with a particular skill ?
- An accounting item which decreases the value of an asset__________?
- Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?
- A course of action indented to correct or avoid a problem__________?
- An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?
- Building of new factories in particular nation by corporations of other nations ?
- Increase in the price level at a rate greater than expected ?
- To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?
- Total number of monetary units received by a firm from the sale of a product is called__________?
- A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?
- An ownership share in a corporation__________?
- The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?
- An interest bearing deposit which normally can be withdrawn by the depositor at any time ?
- An essentially risk free, long term interest rate which is free of the influence of market imperfections?
- A good and service is indivisible and to which the exclusion principle does apply is called__________?
- The coordinating mechanism of capitalism is a system of__________?
- The intersection of the supply curve and demand curve indicates ?
- Determinant of supply is__________?
- Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is__________?
- A demand curve shifts because of change is__________?
- Monopoly and oligopoly are the examples of__________?
- Index measuring deprivation in basic human development in a country ?
- Productive investments embodied in human persons?
- A household’s or firm’s income in the form of goods or services ?
- A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?
- Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?
- The payment for the use of borrowed funds __________?
- Loans not passed through formal banking system e.g. family loans?
- Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?
- All international changes in ownership of merchandise passing across the customs borders of trading countries?
- A barrier to the attainment of a set target in a particular period of time?
- Proportion of school aged children who don’t complete a particular school cycle ?
- Situation in which govt. intervention in an economy worsens outcomes__________?
- International resources shared by all countries e.g ocean, air etc?
- he yearly number of children born alive per 1,000 women within a chil bearing age bracket?
- The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
- Changing the term of existing loan__________?
- The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)__________?
- The principle that if one factor of production is fixed and constant addition of other factors are combined with it, the marginal productivity of variable factors will eventually decline ?
- The process of improving the quality of all human lives including sustenance, self esteem and freedom__________?
- A cooperative farm or other collectively organized unit ?
- Technologies that by design produce less waste and use resources more efficiently ?
- From of central bank that issues domestic currency for foreign exchange at fixed rates ?
- Problems that occur to the individuals or society as a whole as a result of the unpopular consumption habits. Of another individual e.g drug addiction ?
- A technological innovation that increase the production while using the same capital input?
- A process of production that uses a higher proportion of capital as compared to other factors of production ?
- The determination by the state, of what shall be produced and how factors of production shall be allocated among different uses ?
- An organization of producers agreeing to limit the output of their product in an effort to raise prices and profit ?
- Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?