A. Ammunity
B. Commune
C. Consumption diseconomies
D. None of these
Related Mcqs:
- Advantage that occurs to individual or society as a whole as a result of increase in the consumption of certain types of goods or services by other individuals ?
A. Consumption economics
B. Consumption function
C. Consumption surplus
D. Consumer demand - Total consumption deducted from total income is called__________________?
A. Net income
B. Gross income
C. Saving
D. None of these - A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?
A. Speculation
B. Specialization
C. Spill over
D. anti dumping - 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 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 - The absence of artificial barriers to trade among individuals and firms in different nations ?
A. Free trade
B. Free economy
C. Trade union
D. None - Selling public assets to individuals or private business interests ?
A. Publication
B. Downsizing
C. Privatization
D. All - Nonproductive members of society are referred to as___________________?
A. Society wastes
B. Society burden
C. Economic dependency burden
D. None of these - The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
A. Depreciation
B. Downsizing
C. Rightsizing
D. All - The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?
A. Formal sector
B. Informal sector
C. Formal finance
D. Informal finance
Mcq Added by: admin