The sum of total income received for the services of labor, land or capital in a country is called?

Related Mcqs:

What is meant by capital stock ___________?

A. Authorized amount of stock for issue by corporation B. The total stated or par value of the permanently invested capital of corporation C. Both of them D. None of them...

What is referred by interest ?

A. Payment made for the use of another person’s money B. payment made for the use of bank’s money C. Share in profit D. Devaluation in the currency...

Which market is called Bear market ?

A. Market with upward and stock prices. B. Market with a prolonged period of falling stock prices C. A very big market D. A very big industrial market...

A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?

A. Demand draft B. Draft C. Invoice D. Bill of Intent...

What are called goods that satisfy human wants through their direct use ?

A. cash goods B. consumer items C. consumer goods D. cash items...