All seem fully employed but in reality much of their time is spent in unproductive activities?

Related Mcqs:

An economic system in which traditions and customs determine how the economy would use its scare resources ?

A. Traditional economy B. Mixed economy C. capitalistic economy D. Command economy...

A particular set of institutional arrangement and a coordinating mechanism is___________________?

A. Economic system B. Fascism C. Mixed system D. None...

Yearly number of live births per 1000 population is termed as_________________?

A. Live birth rate B. Crude birth rate C. Infant birth rate D. All...

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...

Number of peoples and their level of skills is called as________________?

A. Human resources B. Physical resources C. Capital resources D. None...