The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?

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...

The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?

A. Value added B. Value of money C. Vertical range D. None...

Change in quantity demanded is______________________?

A. Upward movement or shift of entire cure. B. Shift of the demand curve to left side C. Movement from one point to the other on the same demand curve D. None...

Labour force engage in Agriculture in economically developed nations ?

A. 5% B. 10% C. 15% D. 2%...

Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?

A. Money supply B. Money lender C. National income D. None...