A. Govt. failure
B. Market perfection
C. Govt. inefficiency
D. None
Related Mcqs:
- 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 - The part of economy which contains all govt. entities is called__________________?
A. Public sector
B. Private sector
C. Public utility
D. None - A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?
A. Tradititional economics
B. Development economics
C. Political economics
D. None - Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None - An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?
A. Tariff
B. Tax
C. Tacit collusion
D. Subsidy - 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 - A commercial bank authorized by state govt. to engage in business of banking ?
A. National Bank
B. State Bank
C. Business authorized bank
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 - A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?
A. Subsidy
B. Tax
C. lump-sum-tax
D. None - Major financial institution responsible for issuing currency, managing foreign reserves implementing monetary policy and providing banking service to the govt. and commercial banks ?
A. Central Bank
B. State Bank
C. Both
D. None
