Economics III

1.

1 point

In conditions of inflation, the greatest losses have:

Persons who receive fixed incomes

Persons who receive income from loans in credit system

Entrepreneurs

Households

Self-employed population

2.

1 point

Fixed cost is:

Product cost

Expenses for primary material, energy, rent money, credit interest

Expenses for salary of employees, security, raw material cost and equipment cost

Expenses for payment of the labor of employees, depreciation of equipment, imputed rent

Expenses for salary of supervising manpower, security, credit interests, depreciation of equipment

3.

1 point

What possesses a higher liquidity:

Foodstuff

Capital issues

Cash

Durable goods

Gold jewelry

4.

1 point

Implicit cost is:

Accounting expense

Transfer cost

Economic costs

Opportunity cost of using recourses that are property of the firm

Accounting + economic

5.

1 point

Interchangeability of the factors of production caused by:

Limited resources

Structural features of product

Efficient use of resources

All previous answers are incorrect

Specific needs

6.

1 point

Which trade unions are NOT economic:

Association

All of the answers are correct

Guild

Joint-stock company

Company

7.

1 point

Social product in the nominal value is measured in:

World price

Base (constant) price

Export price

Market-based current price

Sell-in price

8.

1 point

Land price depends on this factor:

Rental value

Land market

Supply of land

Lending rate

All the above factors

9.

1 point

Ordinary features of the loan are:

Payment of interest, promptness, repayment

Liquidity, promptness, targeting

Promptness, repayment, safety

All of the answers are incorrect

Payment of interest, liquidity and safety

10.

1 point

Which of the company goals are the most important:

Expansion of the market for goods and services

Improvement of product quality

Maximization of sales

Making a profit

Increase of workers’ salaries

11.

1 point

Why clients-sellers and buyers are not allowed to commodity exchanges, but allowed to labor market:

It is specific features of labor market

It is traditions of market organization

Labor is non-standard goods

There are plenty of sellers of goods and they will disturb the trade

Relations require special trust at the labor market

12.

1 point

The concept of fixed and variable expenses only take place:

For the monopolistic firm

In the long term

In a short period

All of the answers are wrong

For perfect competition market

13.

1 point

The objectives of the entrepreneur DOES NOT apply

Providing the viability of the enterprise

Production build-up

Creation of additional jobs in company

Making a profit

Increase efficiency of functioning of the enterprise

14.

1 point

What are the parameters of measuring possibility of participation of the population in the labor activity:

Population size

Active population

Number of unemployed

Employed population

Gainfully employed population

15.

1 point

A market is:

The set of acts of scale

System of economic relations between people, covering processes of production, distribution, exchange and consumption

The relationship between sellers and buyers

The interaction of supply and demand

All of the answers are correct

16.

1 point

The sum of amount of consumption and amount of savings is equal to:

All of the answers are wrong

More income in terms of economic growth

Amount of income

Not exceed the income

Is always less income

17.

1 point

Property is:

The right to manage and using of good

The relationship between people about object appropriation

The object

The possibility of possession and managing of good

The relation of person to objects

18.

1 point

The factors of economic growth are:

Technology used in production

The number and quality of natural resources

The number and quality of human resources

Line of production

All of the answers are correct

19.

1 point

The hypothesis about rational consumer behavior is that:

The consumer compares all options and stops at the best one

The consumer tends to maximum utility with limited income

The consumer performs only that for what he is paid

The consumer takes care of himself, considering the interests of society

The consumer thinks not only about himself, but also about society

20.

1 point

Economic resources are:

Natural (climatic resources)

All that is using or may be used for the production process

All of the answers are wrong

Human resources

Financial resources

21.

1 point

Which of the economic schools for the first time analyzed the reprocessing and distribution of revenue in agriculture:

A. Smith and D. Ricardo

Physiocracy

Marxism

Marginalism

Mercantilism

22.

1 point

What is the value of economic rent:

The difference between price and expenses of production

The difference between price and variable costs

The difference between gross profit and average profit

The difference between social and individual production goals

The difference between price and marginal costs

23.

1 point

Marginal utility is:

Maximum utility level, which consumer wants to get

Maximum utility level which can be obtained at current prices for goods and services

Maximum utility level that can be achieved by spending this amount of money

Maximum utility, that can be obtained by consuming this amount of benefits

The utility which consumer gets from consumption of additional unit of the good

24.

1 point

Advertising of enterprise is characteristic for:

Phase of restructuring of the enterprise

Period of beginning of its activity

All of the above steps

Period of further activity of the enterprise

Phase of expansion of the enterprise

25.

1 point

What school of economic theory was historically the first:

Petty-bourgeois political economy

Marxism

Keynesian economics

Physiocracy

Mercantilism

26.

1 point

Competition is:

The rivalry among consumers for the right to buy products at lower prices

All of the answers are correct

Economic competitiveness to achieve the best results in any arena

The rivalry among manufacturers to obtain the highest profit

The driving force of the market

27.

1 point

We need to … to determine amount of national income:

Add the sum of state social transfer payment to GDP

Reduce amount of GDP in the amount of depreciation of used fixed assets

Subtract sum of amortization changes for the given period, sum of indirect taxes and total governmental grant from the amount of GDP

Subtract sum of indirect tax from the value of GNP

Add the sum of indirect tax to GDP

28.

1 point

National wealth is:

Natural resources and cultural values

Framed and accrued cultural values

Producer’s goods, accrued assets, natural resources, material assets and cultural values

Accrued assets and human resources

Natural resources and human resources

29.

1 point

Start-up capital is a capital expended:

To repair or reconstruction of buildings

For the purchase of buildings or the rights of their lease

On wages

All of the answers are correct

For the purchase of machinery, equipment, devices

30.

1 point

Subsistence economy is a form of economic organization in which:

Products are manufactured for intraeconomic consumption

All of the answers are correct

Exists a closed manufacturer

The products of labor are made to share in the market

The relationship between production and consumption is direct