Economic System Quiz Questions and Answers PDF - 21

MCQ 101: Output from primary production is usually

1. rough
2. raw
3. wrong
4. simple

MCQ 102: Brokers get benefits from

1. companies
2. premiums
3. rate of increase
4. commission

MCQ 103: Eventually the purchase of the good is the character of

1. debit agreement
2. retain possession agreement
3. hire agreement
4. credit agreement

MCQ 104: The breakdown in one section and quickly spreading to other section is called

1. transformation
2. shifting
3. interdependence
4. intradependence

MCQ 105: In the right to retain possession of goods, hirer is required to pay

1. one third of total purchase
2. two third of total purchase
3. half of total purchase
4. one fourth of the total purchase