The extreme case of physical resource endowment is ________________?

Related Mcqs:

The branch of economics which analyze govt. revenues and expenditures is__________________?

A. Public revenue B. Public finance C. Public good D. None...

Opportunity cost is illustrated by the___________________?

A. Steep slope B. Downward slope C. Positive slope D. None...

A line which shows different combinations of two products a consumer can purchase with a specific money income, given the products price?

A. Indifference curve B. Lorenz curve C. Budget line D. Say’s law...

A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?

A. Import substitution B. Export substitution C. Autarchy D. Industrialization...

Economic model describing growth of the economy on one or at most a few sectors and variables?

A. Formal growth model B. Functional growth model C. Aggregate growth model D. None...