A tax levied on the cost of a board group of products______________________?
A. Income tax
B. Sales tax
C. Consumer charge
D. None
Agricultural economics
The part of economy which contains all govt. entities is called__________________?
The part of economy which contains all govt. entities is called__________________?
A. Public sector
B. Private sector
C. Public utility
D. None
The total amount by the federal govt. of the owner of the govt. securities is called___________________?
The total amount by the federal govt. of the owner of the govt. securities is called___________________?
A. Public debt
B. Public finance
C. Public good
D. None
The ability of Market forces to synchronize selling and buying decision to eliminate potential surpluses and shortages is known as_________________?
The ability of Market forces to synchronize selling and buying decision to eliminate potential surpluses and shortages is known as_________________?
A. Generalization
B. Specification
C. Rationing function of the price
D. None
A supply curve shifts because of change in_____________________?
A supply curve shifts because of change in_____________________?
A. The price of the related products
B. Technology
C. Both a and b
D. None of these
Change in quantity demanded is______________________?
Change in quantity demanded is______________________?
A. Upward movement or shift of entire cure.
B. Shift of the demand curve to left side
C. Movement from one point to the other on the same demand curve
D. None
When price for one and demand for other move in same direction we say them___________________?
When price for one and demand for other move in same direction we say them___________________?
A. Complementary
B. Substitutes
C. Supplementary
D. None
Upward shift of the demand curve is due to_________________?
Upward shift of the demand curve is due to_________________?
A. Changing in quantity demanded
B. Increase in demand
C. Decrease in quantity demanded
D. None
Allocative efficiency is__________________?
Allocative efficiency is__________________?
A. Producing all output combinations in least costly way
B. Producing the specific output mix most desired by society
C. Producing the desired things
D. None
Commodities whose demand varies directly with money income are called______________________?
Commodities whose demand varies directly with money income are called______________________?
A. Superior or normal goods
B. Complementary goods
C. Substitutes
D. None