Three methods of computing the national income are:
Three methods of computing the national income are:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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The age specific death rate for the babies of age less than one year is specifically called:
Question: The age specific death rate for the babies of age less than one year is specifically called:
A. neonatal death rate B. infant mortality rate C. maternal mortality rate D. foetal death rate Answer» b. infant mortality rate Note: The above multiple-choice question is for all general and Competitive Exams in India. The economic incentive for price discrimination depends on:
Question: The economic incentive for price discrimination depends on:
A. prejudices of business managers. B. differences among sellers\ costs. C. a desire to evade antitrust legislation. D. differences among buyers\ demand elasticities. Answer» d. differences among buyers\ demand elasticities. Note: The above multiple-choice question is for all general and Competitive Exams in India. The normal condition of a capitalist economy in classical theory is:
Question: The normal condition of a capitalist economy in classical theory is:
A. Underemployment B. Full employment C. General unemployment D. Frictional unemployment Answer» b. Full employment Note: The above multiple-choice question is for all general and Competitive Exams in India. The cash balance equation M = KPO was given by:
Question: The cash balance equation M = KPO was given by:
A. Keynes B. Pigou C. Robertson D. Marshall Answer» d. Marshall Note: The above multiple-choice question is for all general and Competitive Exams in India. A perfectly competitive firm should reduce output or shut down in the short run if marketprice is equal to marginal cost and price is
Question: A perfectly competitive firm should reduce output or shut down in the short run if marketprice is equal to marginal cost and price is
A. greater than average total cost B. less than average total cost C. greater than average variable cost D. less than average variable cost Answer» d. less than average variable cost Note: The above multiple-choice question is for all general and Competitive Exams in India. Price discrimination is an essential feature of
Question: Price discrimination is an essential feature of
A. Perfect competition B. Oligopoly C. Duopoly D. monopoly Answer» d. monopoly Note: The above multiple-choice question is for all general and Competitive Exams in India.