A. Public revenue
B. Public finance
C. Public good
D. None
Related Mcqs:
- 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 - A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?
A. Macroeconomic
B. Micro economic
C. Positive economic
D. Normative economic - “Economics is the study of causes of material welfare” was defined by___________________?
A. Adam Smith
B. Marshall
C. Robins
D. Marks - In________________ economics we look at desirability of certain aspects of the economy ?
A. Theoretical
B. Positive
C. Normative
D. None - 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 - Noble prize of Economics in 1979 was awarded to________________?
A. W. Arthur Lewis
B. Theodore Schultz
C. Both a and b
D. None - An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?
A. Tariff
B. Tax
C. Tacit collusion
D. Subsidy - A commercial bank authorized by state govt. to engage in business of banking ?
A. National Bank
B. State Bank
C. Business authorized bank
D. None - A legal entry chartered by a state or the federal govt. which is district and separate from the individuals who own it ?
A. Co-operative
B. Partnership
C. Corporation
D. None - A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?
A. Tradititional economics
B. Development economics
C. Political economics
D. None
