Income received by firms from sources other than households is called_________________?
A. incremental
B. windfalls
C. injections
D. incidentals
Miscellaneous Economics Mcqs
The behavior of an individual firm is part of_______________?
The behavior of an individual firm is part of_______________?
A. macroeconomics
B. macroeconomics
C. macroeconomics
D. institutional economics
The participants in a market economy cannot pursue their goals freely because they are affected by_________________?
The participants in a market economy cannot pursue their goals freely because they are affected by_________________?
A. the ratio of gold to paper money
B. economic laws
C. prices and incomes
D. the religious institution
Inflation results when_________________?
Inflation results when_________________?
A. demand exceeds supply
B. supply exceed demand
C. there is control of purchasing power
D. consumers have no purchasing power
Which is NOT a socioeconomic goal _______________?
Which is NOT a socioeconomic goal _______________?
A. Full employment
B. High and equitably distributed income
C. Reasonable price stability
D. Low prime interest rate
When supply and demand are essentially equal the economy is said to be in________________?
When supply and demand are essentially equal the economy is said to be in________________?
A. a recession
B. equilibrium
C. equivalence
D. abeyance
Public government agencies are________________?
Public government agencies are________________?
A. firms
B. households
C. markets
D. central authorities
Professionalization means________________?
Professionalization means________________?
A. everyone is called by a title
B. the same as unemployment
C. there is a decrease in polarization
D. having theoretical knowledge in addition to training
What kind of a system is the economic institution ?
What kind of a system is the economic institution ?
A. Cultural and social
B. Religious and educational
C. Semantic and semitic
D. Typically, American
The following factors are important in production_______________?
The following factors are important in production_______________?
A. water space air
B. earth wind fire
C. animal vegetable object
D. technology time efficiency