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Economics MCQs – Mock Test 72

Taxes MCQ with Answers PDF Download – Test 72

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Learn Taxes MCQ with Answers PDF for digital economics study groups. Download the Taxes Multiple Choice Questions (MCQs) PDF e-Book, Ch. 31-72 to learn Economics online courses. Solve Supply, Demand, and Government Policies Quiz Answers PDF, taxes Test to develop economics online competencies. Download Economics MCQs App: Free Taxes Study App to study demand for labor, functions of foreign exchange market, balance of payments accounting principles, taxes test prep for economics distance education.

Free Economics MCQs App (iOS & Android) with MCQ: "A tax target will be achieved only and only when it is"; with answers: more for rich, fair, zero tax, and less for poor. Study supply, demand, and government policies questions and answers to improve problem solving skills for digital economics study groups.

Taxes MCQ – Mock Test 72 PDF Download

MCQ 356: A tax target will be achieved only and only when it is:

  1. fair
  2. more for rich
  3. less for poor
  4. zero tax

MCQ 357: The accounting system that requires every business transaction or event to be recorded in at least two accounts is known as:

  1. balance of payments
  2. balance sheet
  3. summary statement
  4. double entry book keeping

MCQ 358: The process that involves trading a financial instrument involving high risk, in expectation of significant returns is known as:

  1. hedging
  2. speculation
  3. swapping
  4. arbitrage

MCQ 359: The relationship between demand for labor and market wage rate is:

  1. positive
  2. inverse
  3. relatively high
  4. relatively small

MCQ 360: The nature of costs for capital intensive operations are usually:

  1. varied
  2. zero
  3. stagnant
  4. fixed

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