A. Total revenue
B. Nominal profit
C. Both
D. None
Agriculture Mcqs
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
An ownership share in a corporation……………….?
A. Stock
B. Corporation
C. Both
D. None
The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?
A. Specialization
B. speculation
C. Fly over
D. Capital flight
An interest bearing deposit which normally can be withdrawn by the depositor at any time ?
A. Saving deposit
B. Fixed deposit
C. Capital deposit
D. None
An essentially risk free, long term interest rate which is free of the influence of market imperfections?
A. Pure rate of interest
B. Economic rate of interest
C. Nominal rate of interest
D. None
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
The coordinating mechanism of capitalism is a system of……………….?
A. Capital and laborers
B. Competition
C. Market and prices
D. All
The intersection of the supply curve and demand curve indicates ?
A. Market equilibrium
B. Market demand
C. Market condition
D. None
Determinant of supply is………………?
A. Resource price
B. Techniques of production
C. Taxes a subsidies
D. All