Supply of land in a given use ?

Related Mcqs:

The poverty trap refers to ?

A. a situation in which those receiving state benefits may be almost no better off if they choose to work more to earn more income for themselves and their families because doing so will mean they have to pay back the benefits they have previously received B. a situation in which workers are unable to … The poverty trap refers to ?Read More...

The Gini coefficient is ?

A. the ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families B. the most common way of representing the income distribution graphically C. a commonly used measure of the degree of inequality in an income distribution … The Gini coefficient is ?Read More...

Because people’s income vary other the life cycle and because there are transitory shocks to people’s incomes the standard measures of income distribution ?

A. exaggerate the inequality of living standards B. could exaggerate or understate the inequality of living standards depending on whether the transitory shocks are positive or negative C. understate the inequality of living standards D. accurately represent the true inequality of living standards...

The marginal revenue product of labour is ?

A. the marginal product of capital times the price of labour. B. the additional revenue a firm earns by employing on additional unit of labour C. the additional profit a firms earns by employing one additional unit of labour D. the additional revenue the firm makes by selling one unit of labour....

VAT is a good example of which kind of tax ?

A. specific B. Direct C. Ad valorem D. Excise duty...