Amount of money needed to purchase the goods and services required to maintain a certain standard of living called ?

Related Mcqs:

Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?

A. Barter B. payment on Delivery C. Gives in take D. Cash on Delivery...

Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?

A. Communism B. Socialism C. Capitalism D. Authoritarianism...

A piece of land and whatever physical property is on it is called?

A. Solid asset B. Unmovable property C. Real estate D. Property...

The term ‘real wage’ means the money wage” ?

A. after tax B. allowing for change in prices. C. Plus, benefits in kind D. plus, overtime payments....

What term is given to unemployment caused by a downturn in the business cycle ?

A. Underemployment B. Disguised unemployment C. Temporary unemployment D. Cyclical unemployment...