A. Investment
B. Busyness
C. Consumption
D. Entrepreneurship
Related Mcqs:
- Income that is available to house holds for spending and saving after personal, income taxes have been deducted ?
A. Saving
B. Disposable income
C. Net income
D. All - 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 - The study of how economies are transformed from stagnation to growth and from low income to higher income status?
A. Econometrics
B. Development economics
C. Development plan
D. All - The responsiveness of the quantity demand of a commodity to change in the consumer’s income, measured by the proportionate change in quantity divided by the proportionate change in income ?
A. Elasticity of demand
B. Import substitution
C. Income elasticity of demand
D. None - A tax imposed by a nation on an imported good is called_________________?
A. Tariff
B. Foreign exchange
C. Net profit
D. GNP - 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 - A good and service is indivisible and to which the exclusion principle does apply is called_________________?
A. Public service
B. Public good
C. Public finance
D. Public debt - To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?
A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law - 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 - The implicit change in real income resulting from the effects of a change in a commodity’s price on quantity demand?
A. Income effect
B. Substitution effect
C. Labour effect
D. All
