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Posttest Modul 2 Bahasa Inggris Niaga

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Capital controls are not limited on...

a)

local investment

b)

direct investment

c)

foreign investment

d)

domestic residents' investment

2.

What is the meaning of the term "deficit" in economics?

a)

The excess of government spending over government revenue

b)

The excess of government revenue over government spending

c)

The total amount of money in circulation

d)

The balance between imports and exports

3.

The term "capital" in economics refers to...

a)

Money used for investment or production

b)

Total assets owned by a company

c)

A city that serves as a center of economic activity

d)

The physical buildings and infrastructure in an economy

4.

What is the meaning of the term "demand curve"?

a)

The total amount of goods and services demanded in an economy

b)

The change in quantity demanded due to a change in price

c)

The demand for a specific product in the market

d)

A graphical representation of the relationship between price and quantity demanded

5.

The term "deflation" means....

a)

An increase in the overall level of prices

b)

A decrease in the overall level of prices

c)

A decrease in the money supply

d)

An increase in the unemployment rate

6.

What is the definition of "comparative advantage"?

a)

The total value of a country's exports minus imports

b)

The ability of a country to produce more goods than another country

c)

The ability of a country to produce a good at a lower opportunity cost than another country

d)

The rate at which one currency can be exchanged for another

7.

Cartel is common when there is....

a)

monopoly

b)

competition

c)

antitrust

d)

oligopoly

8.

What does commoditization bring about?

a)

high prize

b)

high profit margin

c)

fierce competition

d)

faster pace of innovation

9.

A country's comparative advantage will be....

a)

diabolic

b)

static

c)

dynamic

d)

transgenic

10.

A country's future prosperity depends on...

a)

its growth in economy

b)

its growth in business

c)

its growth in economic performance

d)

its growth in productivity

11.

What is the most serious problem deflation can cause?

a)

bankruptcy

b)

bank failure

c)

monetary policy ineffective

d)

real burden of debt

12.

What does deposit insurance reduce?

a)

assets

b)

savings

c)

moral hazard

d)

systemic risk

13.

The term "credit" refers to...

a)

Money borrowed to finance a purchase

b)

The amount of money in circulation in an economy

c)

The interest rate charged by banks on loans

d)

The total value of a country's exports minus imports

14.

A derivative that is not traded on an exchange but is purchased from, for instance, an investment bank is called...

a)

a swap

b)

an option

c)

an over the counter

d)

a future

15.

What is the aim of deregulation?

a)

to increase competition

b)

to cut red tape

c)

to remove quasi-legal restrictions

d)

to remove charged within a particular industry

16.

In recent years, devaluation is caused by...

a)

higher prices

b)

financial speculation

c)

competitiveness

d)

fixed exchanged rate

17.

Dismissing returns is also known as...

a)

economics of scale

b)

catch up effect

c)

new economy

d)

diseconomies of scale

18.

What continued to rise although rates were cut?

a)

indirect taxation

b)

income tax

c)

direct taxation

d)

inefficient method of taxation

19.

The term "depreciation" refers to....

a)

A decrease in the value of a country's currency relative to other currencies

b)

The wear and tear of physical capital over time

c)

A decrease in the overall level of investment in an economy

d)

The increase in the value of assets owned by a company

20.

What is the other name of "dumping" ?

a)

protectionism

b)

antitrust

c)

predatory pricing

d)

monopoly