A firm which engages in in the busyness of banking_________________?
A. State bank
B. Commercial bank
C. World bank
D. None
Agricultural economics
A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?
A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?
A. Income schedule
B. Saving schedule
C. Consumption schedule
D. None
A federal budget deficit caused by a recession and a consequent decline in tax revenues ?
A federal budget deficit caused by a recession and a consequent decline in tax revenues ?
A. Annual deficit
B. Cyclical deficit
C. Anticipated deficit
D. None
A labour union which limits its membership to workers with a particular skill ?
A labour union which limits its membership to workers with a particular skill ?
A. Labour union
B. Craft union
C. Credit union
D. None
An accounting item which decreases the value of an asset___________________?
An accounting item which decreases the value of an asset___________________?
A. Debit
B. Credit
C. Depreciation
D. None
Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?
Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?
A. Economic efficiency
B. Productive efficiency
C. Allocative efficiency
D. All
A course of action indented to correct or avoid a problem_________________?
A course of action indented to correct or avoid a problem_________________?
A. Economic principle
B. Economic policy
C. Economic phenomena
D. Economic rationale
An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?
An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?
A. Increasing cost industry
B. Decreasing cost industry
C. Declining industry
D. None of these
Building of new factories in particular nation by corporations of other nations ?
Building of new factories in particular nation by corporations of other nations ?
A. Discrimination
B. Direct foreign investment
C. Profit maximization rule
D. Economies of scale
Increase in the price level at a rate greater than expected ?
Increase in the price level at a rate greater than expected ?
A. Dearness
B. Deflation
C. Stagflation
D. Unanticipated