A household’s or firm’s income in the form of goods or services ?

Related Mcqs:

Reproduction in the average total cost of producing a products as the firm expands the size of plants (its output) in the long run________________?

A. Economics of scale B. Economics of mass production C. Both of these D. None of these...

An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?

A. Tariff B. Tax C. Tacit collusion D. Subsidy...

The absence of artificial barriers to trade among individuals and firms in different nations ?

A. Free trade B. Free economy C. Trade union D. None...

A process of production that uses a higher proportion of capital as compared to other factors of production ?

A. Capital intensive technique B. Labour intensive technique C. Both a and b D. None of these...

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...