Impormal na sektor pp
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Transcript of Impormal na sektor pp
Basic Economics
Quiz Bee
• 1. Under normal circumstances, when the price of a commodity falls, the quantity demanded will _______________
• decrease• increase• remain unchanged• nobody knows
• 2. Initially, when you consume more and more of a commodity continuously, your TOTAL satisfaction level will increase.
• True• False
• 3. What usually constitutes the main source of a government's income?
• Loans• Taxes and levies• Profits from business undertakings• Grants from World Bank
• 4. When the economic activity in an economy is on the decline, then it is called a _______ ?
• boom• recession • deflation• depression
• 5. What is the single most important factor that makes the markets work?
• kapital• Markets don't work• Raw materials• Money
• 6. Monopoly is when there is a single _______?
• game• buyer• seller• market
• 7. A business firm tries to maximize its ________ ?
• profits• revenue• sales• job retrenchment
•8. For anything to be used as money, it must be what?
• fixed in value• legal tender• in fixed supply• readily acceptable
• 9. Which of the following is NOT a factor of production?
• A farm• A printing machine• A shopkeeper• A $10 note
• 10. Which company operates in the primary sector?
• First Bangkok City Bank: a medium-sized commercial Thai Bank
• Century City: Hong Kong holding company with property and hotel interests
• Delta Gold: a rapidly expanding Australian gold and platinum mining company
• Compass East Industries: a Thai ceiling fan manufacturer
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