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Economics
History & Civics
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Question-1
Abstinence theory of interest was propounded by ___________.
(A)
Nasau Senior
(B)
Marshall
(C)
Keynes
(D)
Amartya sen
Question-2
__________ is the hiring price of durable goods.
(A)
Wages
(B)
Interest
(C)
Rent
(D)
Profit
Question-3
According to Marshall, interest is the reward for _________.
(A)
Abstinence
(B)
Liquidity
(C)
risk
(D)
waiting
Question-4
The difference between total revenue and implicit cost is known as ___________.
(A)
Gross profit
(B)
Net profit
(C)
Simple profit
(D)
Wages
Question-5
________ disappears in the long-run.
(A)
Economic rent
(B)
Quasi-rent
(C)
Normal rent
(D)
none of these
Question-6
__________ is completely inelastic in supply.
(A)
land
(B)
labour
(C)
capital
(D)
all of these
Question-7
In economic sense __________ refers to the payment made for the factors of production which are imperfectly elastic in supply.
(A)
Wages
(B)
Interest
(C)
Rent
(D)
Profit
Question-8
___________ is the minimum amount which is necessary to keep a fator of produciton in its persent employment.
(A)
Transfer economy
(B)
transfer earning
(C)
transfer payments
(D)
none of these
Question-9
Modern theory of rent was developed by __________.
(A)
Ricardo
(B)
Robinson
(C)
Marshall
(D)
Edge worth
Question-10
The surplus income of the factor in the short-run is known as _______.
(A)
Economic rent
(B)
Quasi rent
(C)
normal rent
(D)
none of these
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Plus 2 Humanities
ICSE/ISC
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Cost and Revenue Analysis
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EQUILIBRIUM OF FIRM
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Theory of Distribution: Marginal Productivity Theory and Determination of Wages
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Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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