A. Fixed capital
B. Human capital
C. Both A and B
D. non of these
Related Mcqs:
- Productive efficiency means___________________?
A. Producing all output combinations in the least costly way
B. Producing the specific output mix most desired by society
C. Producing the desired ones only
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 - Power of a good/ service to satisfy human desire/want is called____________________?
A. Utility
B. Worth
C. The point of satiety
D. All of these - The process of improving the quality of all human lives including sustenance, self esteem and freedom________________?
A. Growth
B. Economic growth
C. Development
D. All - Index measuring deprivation in basic human development in a country ?
A. Human deprivation index
B. Human poverty index
C. Human development index
D. None - 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 - 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 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 - “All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?
A. Economic development theory
B. Big Push theory of development
C. Rostow’s development plan
D. Harod Domes model - The intersection of the supply curve and demand curve indicates ?
A. Market equilibrium
B. Market demand
C. Market condition
D. None
