Money that a government has required has required to be accepted in settlement of debts is ?

Byadmin May 31, 2019September 11, 2021

Money that a government has required has required to be accepted in settlement of debts is ?

A. barter money
B. currency value
C. legal tender
D. commodity money

Economics Mcqs | Long Term Economic Growth

In the neoclassical theory of growth a higher saving rate leads to ?

In the neoclassical theory of growth a higher saving rate leads to ?

A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate

Read More In the neoclassical theory of growth a higher saving rate leads to ?
And Income Inequality | Economics Mcqs | Malnutrition | Poverty

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

A. 0
B. 2
C. 6
D. 0.5

Read More In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?
Economics Mcqs | Income Inequality

In Pakistan the term the poverty trap is used to describe the fact that ?

In Pakistan the term the poverty trap is used to describe the fact that ?

A. poor people are excluded from most leisure and social activities
B. the Pakistan benefit system makes being poor vary degrading
C. if poor people earn more their benefits fall, making them no better off.
D. in the Pakistan poor people are heavily taxed

Read More In Pakistan the term the poverty trap is used to describe the fact that ?
Economics Mcqs | Elasticity

If consumers always spend 15 percent of their income on food. then the income elasticity of demand for food is ?

If consumers always spend 15 percent of their income on food. then the income elasticity of demand for food is ?

A. 1.50
B. 1.15
C. none of these
D. 0.15
E. 1.00

Read More If consumers always spend 15 percent of their income on food. then the income elasticity of demand for food is ?
Economics Mcqs | Efficiency And The Public Interest | Markets

The typical method of retail operation used by supermarkets and catalog showrooms is called ?

The typical method of retail operation used by supermarkets and catalog showrooms is called ?

A. self-service retailing
B. limited-service retailing
C. full-service retailing
D. service merchandiser

Read More The typical method of retail operation used by supermarkets and catalog showrooms is called ?
Characteristics and Institutions of Developing Countries | Economics Mcqs

The informal sector includes ?

The informal sector includes ?

I-artisans, cottage industrialists, petty traders, teashop proprietors
II- garbage pickers jitney unauthorized taxis repair persons
III- the self employed
IV- activities with little capital skill and entry barriers
A. I and II only
B. III and IV only
C. IV only
D. I, II, III and IV

Read More The informal sector includes ?

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