Excess of total revenue over total costs_______________?

Related Mcqs:

1. The total revenue of a film less all its economic costs is called_____________________?

   A. Economy Profit
   B. Pure Profit
   C. Above normal Profit
   D. All these

2. Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

   A. Demand pull inflation
   B. Stagflation
   C. Both
   D. None

3. Excess utility over price derived by the consumers because of negative sloping demand curve ?

   A. Producer surplus
   B. Consumer surplus
   C. Marginal utility
   D. Demand surplus

4. Total consumption deducted from total income is called__________________?

   A. Net income
   B. Gross income
   C. Saving
   D. None of these

5. 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

6. 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

7. In developed countries children are….% of the total population ?

   A. 62 %
   B. 35 %
   C. 21 %
   D. 16 %

8. The total number of people living below a specified minimum level of real income, an international poverty line, is called ?

   A. Relative poor
   B. Real poverty
   C. Absolute poor
   D. None

9. In LDC children under age of 15 years are ___________% of the total population?

   A. 40 %
   B. 50 %
   C. 80 %
   D. None

10. Total amount of income necessary to raise everyone who is below the poverty line up to that line ?

    A. Subsistence income
    B. Poverty gap
    C. Absolutely poverty
    D. None