A good and service is indivisible and to which the exclusion principle does apply is called_________________? April 20, 2025 by admin A. Public service B. Public good C. Public finance D. Public debt
An essentially risk free, long term interest rate which is free of the influence of market imperfections? April 20, 2025 by admin A. Pure rate of interest B. Economic rate of interest C. Nominal rate of interest D. None
An interest bearing deposit which normally can be withdrawn by the depositor at any time ? April 20, 2025 by admin A. Saving deposit B. Fixed deposit C. Capital deposit 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 ? April 20, 2025 by admin A. Specialization B. speculation C. Fly over D. Capital flight
An ownership share in a corporation___________________? April 20, 2025 by admin A. Stock B. Corporation C. Both D. None
A payment of funds by a govt. firm or house hold for which it receives no goods or services in return? April 20, 2025 by admin A. Subsidy B. Tax C. lump-sum-tax D. None
Total number of monetary units received by a firm from the sale of a product is called___________________? April 20, 2025 by admin A. Total revenue B. Nominal profit C. Both D. None
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 ? April 20, 2025 by admin A. Law of diminishing return B. Say’ law C. Law of diminishing marginal utility D. Say’ law
Increase in the price level at a rate greater than expected ? April 20, 2025 by admin A. Dearness B. Deflation C. Stagflation D. Unanticipated
Building of new factories in particular nation by corporations of other nations ? April 20, 2025 by admin A. Discrimination B. Direct foreign investment C. Profit maximization rule D. Economies of scale
