A market in which products are sold by firms and bought by households is_________________?

Related Mcqs:

Power of a good/ service to satisfy human desire/want is called____________________?

A. Utility B. Worth C. The point of satiety D. All of these...

A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?

A. Macroeconomic B. Micro economic C. Positive economic D. Normative economic...

A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?

A. Current account B. Fixed account C. Saving account D. Capital account...

Situation in which govt. intervention in an economy worsens outcomes__________________?

A. Govt. failure B. Market perfection C. Govt. inefficiency D. None...

Agriculture contribution in GNP of developing nations?

A. 20 % B. 35 % C. 50 % D. 14 %...