A good and service is indivisible and to which the exclusion principle does apply is called_________________?

Related Mcqs:

Total consumption deducted from total income is called__________________?

A. Net income B. Gross income C. Saving D. None of these...

An institution or mechanism which brings together buyers and sellers is called____________________?

A. Market B. Resource Market C. Product Market D. None...

The extreme case of physical resource endowment is ________________?

A. Gulf oil states B. United states America C. USSR D. South Africa...

Increase in the price level at a rate greater than expected ?

A. Dearness B. Deflation C. Stagflation D. Unanticipated...

The study of how economies are transformed from stagnation to growth and from low income to higher income status?

A. Econometrics B. Development economics C. Development plan D. All...