Home Quiz Guess the Basic Economics Terminology
Preview (15 questions)
1 Question
לפני 15 שניות
Q.

A compulsory levy on a taxpayer by the government.

Tariff

Tax
2 Question
לפני 30 שניות
Q.

An agreement under which goods and services, or money is exchanged against a promise to pay later.

Credit

Debit
3 Question
לפני 15 שניות
Q.

Assets held or obtained for expenditure.

Capital

Interest
4 Question
לפני 15 שניות
Q.

The general rise in price levels over a period of time.

Growth rate

Inflation
5 Question
לפני 15 שניות
Q.

The decrease in the monetary value of an asset over time.

Depreciation

Devalue
6 Question
לפני 15 שניות
Q.

______ occurs when expenses exceed revenues.

Deficit

Surplus
7 Question
לפני 15 שניות
Q.

The slowdown in economic activities.

Capital intensive

Recession
8 Question
לפני 15 שניות
Q.

A fixed income tool representing the loan made by an investor to a borrower.

Bond

Equity
9 Question
לפני 15 שניות
Q.

A benefit gave by the government to individuals or entities to make goods available to people at an affordable cost.

Stock

Subsidy
10 Question
לפני 15 שניות
Q.

The rate at which one country's currency can be exchanged for another country's currency.

Exchange rate

Distant sale
11 Question
לפני 15 שניות
Q.

It is the ease at which an asset can be converted to cash.

Appreciation

Liquidity
12 Question
לפני 15 שניות
Q.

A year set as a reference point for comparison purposes.

Base year

Dividend
13 Question
לפני 15 שניות
Q.

It is the mechanism by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

Demand Schedule

Fiscal policy
14 Question
לפני 15 שניות
Q.

This branch of the economy deals with interest rates and national productivity.

Microeconomics

Macroeconomics
15 Question
לפני 15 שניות
Q.

A government policy of minimal or no interference in the economic affairs of individuals and society.

Laissez-faire

Ceteris paribus