A. Command economy
B. Traditional economy
C. Mixed economy
D. Authoritarian economy
Related Mcqs:
- The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?
A. capital flight
B. capital account
C. capital deficit
D. All of these - The process of deriving principles is called___________________?
A. theoretical economics
B. Economics analysis
C. Both A. and B.
D. None of these - A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?
A. Tax
B. Tariff
C. Transfer payment
D. Subsidy - In________________ economics we look at desirability of certain aspects of the economy ?
A. Theoretical
B. Positive
C. Normative
D. None - 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 - Selling public assets to individuals or private business interests ?
A. Publication
B. Downsizing
C. Privatization
D. All - A cooperative farm or other collectively organized unit ?
A. Corporation
B. Commune
C. Society
D. All - Total number of monetary units received by a firm from the sale of a product is called___________________?
A. Total revenue
B. Nominal profit
C. Both
D. None - A country’s potential for economic growth is greatly influenced by its endowments of__________________?
A. Physical resources
B. Human resources
C. Both a and b
D. None of these - The annual amount that a borrower must pay a lender over an above the total borrowed ?
A. Interest
B. Loan
C. Interest rated
D. None