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English
Economics
History & Civics
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Question-1
__________ is the hiring price of durable goods.
(A)
Wages
(B)
Interest
(C)
Rent
(D)
Profit
Question-2
When factor supply is perfectly elastic, the amount of economic rent would be ________.
(A)
one
(B)
zero
(C)
infinity
(D)
none of these
Question-3
Less the elastic supply of a factor, __________ would be economic rent.
(A)
Less
(B)
more
(C)
constant
(D)
none of these
Question-4
Among the theories of rent, the most popular theory of rent is _________.
(A)
Smith theory of rent
(B)
Malthusian theory of rent
(C)
Richardian theory of rent
(D)
None of these
Question-5
The concept of Quasi-rent was coined by ____________.
(A)
Smith
(B)
Marshall
(C)
Amartya Sen
(D)
none of these
Question-6
Marginal cost according to Richardo is _________.
(A)
Cost production
(B)
Cost of all factors of production
(C)
Cost of all factors of production excluding land
(D)
Cost of all factors of production including land
Question-7
_________ is the payment made for the use of money capital
(A)
Economic rent
(B)
Quasi rent
(C)
interst
(D)
none of these
Question-8
Economic rent is taken as __________ payments.
(A)
Surplus
(B)
Deficit
(C)
Balanced
(D)
none of these
Question-9
The reason for emergence of opportunity cost is _________.
(A)
All resources are equally efficient
(B)
All resources are not equally efficient
(C)
data insufficient
(D)
None of these
Question-10
Abstinence theory of interest was propounded by ___________.
(A)
Nasau Senior
(B)
Marshall
(C)
Keynes
(D)
Amartya sen
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Plus 2 Humanities
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Practice in Related Chapters
Micro Economic Theory
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Law of Supply and Price Elasticity of Supply
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Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
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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