In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

Related Mcqs:

1. If the ABC Typing Service is earning a rate of return greater than the return necessary for the business to continue operations, then ?

   A. normal profit is zero
   B. total costs exceed total revenue
   C. total costs exceed normal profit
   D. the firm is earning are economic profit

2. Workers in Western Europe enjoy a high standard of living because ?

   A. the countries of Western Europe have set high minimum wage rates.
   B. Unions in Western Europe keep the wage high
   C. none of these answers.
   D. The countries of Western Europe have protected their industries from foreign corporation
   E. Workers in the united states are highly productive

3. How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ?

   A. declined
   B. increased
   C. remained the same
   D. cannot be determined

4. How is termed the balance of investment and return; in which investment and return are exactly equal ?

   A. Break even
   B. Breakeven point
   C. Both of them
   D. None of them

5. Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

   A. internal marketing
   B. service-profit chains
   C. interactive marketing
   D. service differentiation

6. Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?

   A. a small deadweight loss and the burden of the tax would fall on the renter
   B. a large deadweight loss and the burden of the tax would fall on the landlora
   C. a large deadweight loss and the burden of the tax would fall on the renter.
   D. a small deadweight loss and the burden of the tax would fall on the landlord

7. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

8. Out of the total land area of Pakistan the total land area of Punjab is 20.6 mha (about 50.90 million acres) out of which ____ are cultivated?

   A. 54 % or 11.04 mha
   B. 57 % or 12.00 mha
   C. 58 % or 12.04 mha
   D. 59 % or 13.04 mha

9. Term a tax or duty rebate on imported goods that are exported at a later date ?

   A. Duty
   B. Custom
   C. Rebut
   D. Drawback

10. In 1979-80 China first created _____ for foreigners to set up enterprises hire labor and import duty-free goods for processing and re-exporting ?

    A. special economic zones
    B. liberalized trade monopoly zones
    C. Economic Union zones
    D. Communist free trade areas