A. Indifference curve
B. Income budget line
C. Circular flow model
D. Says law
Related Mcqs:
- An increase either in real output (GDP) or in real output per capita is called___________________?
A. Economic development
B. Economic growth
C. Growth rate
D. Economic efficiency - The price paid for the use of services of labour per unit of time is called__________________?
A. Salary
B. Income
C. Wage
D. All - The activity of buying or selling with the motive of later reselling or re buying for profit is called ?
A. Spillover
B. Speculation
C. Specializing
D. All - Employment available resources so that the maximum amount of goods and services is produced?
A. Large scale production
B. Full production
C. Fringe benefits
D. None - A technological innovation that increase the production while using the same capital input?
A. Capital saving technological process
B. Production intensive technique
C. Capital intensive technique
D. None - An interest bearing deposit which normally can be withdrawn by the depositor at any time ?
A. Saving deposit
B. Fixed deposit
C. Capital deposit
D. None - A federal budget deficit caused by a recession and a consequent decline in tax revenues ?
A. Annual deficit
B. Cyclical deficit
C. Anticipated deficit
D. None - Urban population is developed nations?
A. 74 %
B. 80 %
C. 67 %
D. none - A term used by ILO to describe the basic goods and services necessary for a minimum standard of living ?
A. Basic needs
B. Poverty line
C. Gini co-efficient
D. None - The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?
A. Development
B. Economic growth
C. Economic integration
D. All
