What is the top sheep producing country ?
What is the top sheep producing country ?
A. India
B. Australia
C. China
D. India
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The whole class of goods that will be under produced or not produced at all in a completely unregulated market economy are referred to as ?
The whole class of goods that will be under produced or not produced at all in a completely unregulated market economy are referred to as ?A. Pareto goods
B. public goods
C. private goods
D. free goodsThe standard of living is often measured by ?
The standard of living is often measured by ?A. Real GDP per capita
B. Real GDP
C. Real GDP population
D. Real GDP plus depreciationNaila owns a small pottery factory. She can make 1000 pieces of pottery per year and sell them for Rs 100 each. It costs Naila Rs 20,000 for the raw materials to produce the 1,000 pieces of pottery She has invested Rs100,000 in her factory and equipment: Rs50,000 from her savings and Rs50,000 borrowed at 10 per cent. (Assume that she could have loaned her money out at 10 her per cent, too) Naila can work at a competing pottery factory for Rs40,000 per year. The accounting profit at Naila’s pottery factory is ?
Naila owns a small pottery factory. She can make 1000 pieces of pottery per year and sell them for Rs 100 each. It costs Naila Rs 20,000 for the raw materials to produce the 1,000 pieces of pottery She has invested Rs100,000 in her factory and equipment: Rs50,000 from her savings and Rs50,000 borrowed at 10 per cent. (Assume that she could have loaned her money out at 10 her per cent, too) Naila can work at a competing pottery factory for Rs40,000 per year. The accounting profit at Naila’s pottery factory is ?A. Rs30,000
B. Rs35,000
C. Rs75,000
D. Rs70,000Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _____ while presidential governments manipulate the timing of _____?
Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _____ while presidential governments manipulate the timing of _____?A. monetary policy, fiscal policy
B. elections; economics policies
C. economic policies; political policies
D. tax collection, tax implementationAccording to the signaling view of the education ?
According to the signaling view of the education ?A. can make any worker into a superstar
B. increases human capital and the wages of workers
C. only helps firms sort workers into high ability and low-ability workers
D. reduces the wage gap between high-skill and low-skill workers.If the real wage is too high in the labour market ?
If the real wage is too high in the labour market ?A. The quantity demanded of labour is higher than the quantity supplied
B. The quantity demanded of labour equals the quantity supplied
C. The quantity demanded of labour is lower than the quantity supplied
D. It will automatically adjust in the short run to bring equilibrium