A. Perfect competition
B. Imperfect competition
C. Pure competition
D. None
Related Mcqs:
- The coordinating mechanism of capitalism is a system of___________________?
A. Capital and laborers
B. Competition
C. Market and prices
D. All - Total money income received by the individual or recipients of income is called____________________?
A. Gross income
B. Net income
C. Personal income
D. None of above - The body of knowledge and techniques which can be used to produce goods and service from economic resources is________________?
A. Technology
B. Advanced knowledge
C. Both
D. None - A market in which money of one nation can be used to purchase the money of other nation is called____________________?
A. Money market
B. International market
C. Foreign exchange market
D. All of these - A minimum price which govt. allows seller to receive for a good or service____________________?
A. Ceiling Price
B. Floor Price
C. Supprot Price
D. All - An individuals demand curve is down sloping because_____________________?
A. Price and quantity demanded are inversely related
B. P & D are directly related
C. There is no relation bet P & D
D. None - A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?
A. IMF
B. Islamic Bank
C. Commercial bank
D. None - Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?
A. Black market
B. Buffer stocks
C. Capital stocks
D. Speculation - In LDC children under age of 15 years are ___________% of the total population?
A. 40 %
B. 50 %
C. 80 %
D. None - The increasing integration of national economies into expanding international market ?
A. Randomization
B. Globalization
C. Economic integration
D. None