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4TH YR. LEVEL - EASY ROUND

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

_______ are examples of fixed- income securities.

a)

Mortgages and pension annuities

b)

Mutual funds and common stock

c)

Preferred stock and common stock

d)

Domestic stock and growth stock

2.

____ is where the discount rate is the rate at which the present value of a bond's stream of guaranteed cash payments equals its price.

a)

Yield to maturity

b)

Coupon rate

c)

Current yield

 

d)

Par value

3.

The condition in which the ability of a single person or firm to unduly influence market prices.

a)

Competitive Market

b)

Market Power

c)

Market Size

d)

Price Taker

e)

Market Failure

4.

The type of monopoly in which the government grants the private firm over the product to produce.

a)

Legal Monopoly

b)

Natural Monopoly

c)

Monopsony

d)

None of the above

e)

Coercive Monopoly

5.

Single-peaked preferences are expected to emerge when there are private substitutes for publicly provided goods.

a)

True

b)

False

c)

Sometimes True

d)

Sometimes False

6.

The main goal of expenditure policy is to always achieve a greater substitution effect.

a)

True

b)

False

c)

Sometimes True

d)

Sometimes False

7.

When the demand for widgets is inelastic, and the price of widgets increase, revenues will:

a)

Decrease

b)

Remain the same

c)

Increase

d)

Increase, unless there are substitutes for widgets

8.

Among the following, which shifts the supply curve to the left?

a)

An improvement in technology that decreases the cost of production.

b)

An increase in the number of suppliers.

c)

An anticipated drought that will make inputs more expensive.

d)

A decrease in the wage rate.

9.

Who is the current president of World Bank?

a)

Gita Gopinath

b)

David Malpass

c)

Jim Yong Kim

d)

Kristalina Georgieva

10.

Which of these following countries does not belong to the Asia Pacific Economic Cooperation (APEC)?

a)

Philippines

b)

USA

c)

India

d)

Papua New Guinea