A. Rise in the price of an item for sale
B. An amount added to cost price in calculating selling price
C. Both of them
D. All of them
Correct Answer: Both of them ✔
Last Updated: June 18, 2019
Related MCQs
- What is deflation__________?
- Two countries can gain from foreign trade if ?
- Which of the following is a valid currency__________?
- From each according to his ability to each according to his need is the theoretical slogan of ?
- Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?
- Oil is measured in barrels. What is the abbreviation for barrels__________?
- Commercial policy means__________?
- Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
- Balance of payments of a country includes ?
- Which of the following is not a function of a commercial bank?
- The bank established for loans to very small enterprises in Pakistan is called__________?
- Treasury bill is used for__________?
- When the State Bank wants to decrease money supply in the country, it __________?
- When a commercial bank creates credit its immediate effect is that it raises__________?
- The Liquidity Trap condition occurs at a__________?
- The power of a bank to create credit is affected by ?
- Pakistan’s fiscal years starts from?
- A tariff__________?
- Velocity of circulation of money means ?
- Government of Pakistan issues currency on the basis of__________?
- Economic development is measured on the basis of ?
- When the stock market is rising it is ?
- What would cause a country’s exchange rate to fall ?
- The cause of inflation is ?
- According to the law of demand. When ?
- Gross National income is always more than Net National income because it includes ?
- A budgetary deficit means ?
- Which is most likely to cause a more even distribution of income ?
- Economic development ?
- Which of the following is a withdraw from the circular flow income stream ?
- Consumption spending does not include ?
- Net investment is__________?
- GNP is__________?
- We measure national income by this method ?
- What is the meaning of the term stagflation ?
- What does price elasticity of demand measure ?
- What would reduce the role of central planning in a economy ?
- Transfer payments means ?
- The standard of living in a country is represented by its ?
- A tax which is paid by the person on whom the tax is incident is called a ?
- Who is a “Lame Duck” in a stock market ?
- Which company holds the world record for having the maximum number of shareholders ?
- Devaluation of currency helps to promote ?
- If saving exceeds investment the national income will ?
- Which function is performed by both commercial banks and central banks ?
- What is Black Money ?
- The most industrialized country in Asia is ?
- What can a central bank increase in order to reduce consumer borrowing ?
- Which of the following is an example of government policy that could reduce inflation ?
- Which of the following groups suffer the most from inflation ?
- With whom would you associate the following quote” The business of business is business” ?