List of top Economics Questions on Business Finance

Which of the following are components of Current Account in the balance of payments?
A) Export of goods
B) Investments
C) Import of goods
D) Net factor income
E) Transfer payments
Choose the correct answer from the options given below:

The sum of the deviations of a given set of obserations taken from median, ignoring ± signs, is:

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R.
Assertion A: According to the Heckscher-Ohlin model, free trade results in equalisation of factor prices across nations.
Reason R: This is because the model assumes perfect international mobility of the factors of production.
In the light of the above statements, choose the correct answer from the options given below:

The expansion path identifies

In terms of family purchases, which stage of family life cycle involves maximum requirement and usage of finances?

Given below are two statements:
Statement I: Normal distribution is positively skewed.
Statement II: Normal distribution is leptokurtic.
In the light of the above statements, choose the correct answer from the options given below:

Match List-I and List-II

LIST I		LIST II
A.	For TC(Total Cost)=20+10q-3q2+q3 AFC(Average Fixed Cost) is:	I.	10-6q+3q2
B.	Given TC=20+10q-3q2+q3 MC(Marginal Cost) is:	II.	10-3q+q2
C.	Given TC=20+10q-3q2+q3 AVC(Average Variable Cost) is:	III.	\(\frac{20}{q}+10-3q+q^2\)
D.	Given TC=20+10q-3q2+q3 ATC(Average Total Cost) is:	IV.	\(\frac{20}{q}\)

Choose the correct answer from the options given below: