A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?

Related Mcqs:

“Economics is the study of causes of material welfare” was defined by___________________?

A. Adam Smith B. Marshall C. Robins D. Marks...

An organization which employs resources to produce a good or service for profit and own and operates one or more plants is called_______________?

A. Company B. Factory C. Firm D. None...

A good used together with another good is___________________?

A. Superior good B. Normal good C. Complementary good D. None...

An accounting item which increase the value of an asset___________________?

A. Debit B. Credit C. Loan D. None...

A closed economy that attempts to be completely self-reliant ?

A. Amortization B. Command economy C. Autarchy D. None...