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

Related Mcqs:

1. Excess of total revenue over total costs_______________?

   A. Producer surplus
   B. Scarcity rent
   C. Both
   D. None

2. An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?

   A. Command economy
   B. Closed economy
   C. Open economy
   D. None

3. A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?

   A. Macroeconomic
   B. Micro economic
   C. Positive economic
   D. Normative economic

4. In less developed nations economic dependency burden is__________________?

   A. 65 % of the population
   B. 55 % of the population
   C. 35 % of the population
   D. 45 % of the population

5. An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

   A. Pure capitalism
   B. Command Economy
   C. Closed economy
   D. Open economy

6. ______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?

   A. Traditional economy
   B. Political economy
   C. Capitalistic economy
   D. Open economy

7. “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

8. The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?

   A. Trade Balance
   B. Trade deficit
   C. Trade surplus
   D. None

9. A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?

   A. Current account
   B. Fixed account
   C. Saving account
   D. Capital account

10. A country’s potential for economic growth is greatly influenced by its endowments of__________________?

    A. Physical resources
    B. Human resources
    C. Both a and b
    D. None of these