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- Question
The real wage will rise if the nominal wage
Options- A. increases more rapidly than the general price level.
- B. increases at the same rate as labor productivity.
- C. falls more rapidly than the general price level.
- D. falls at the same rate as the general price level.
- Correct Answer
- increases more rapidly than the general price level.
- 1. Bilateral monopoly occurs where Discuss
- 2. Supply curves tend to be
Options- A. more elastic in the long run, because there is time for firms to enter or leave the industry.
- B. less elastic in the long run, because there is time for firms to enter or leave an industry.
- C. perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B.
- D. None of the above Discuss
- 3. Sociologists define the concept of "race" as
Options- A. a socially constructed category composed of people who share biologically transmitted traits that members of a society consider important.
- B. people who fall into any minority category.
- C. a cultural heritage shared by a category of people.
- D. a person's skin color. Discuss
- 4. How long is your TABC certification valid?
Options- A. 1 year
- B. 2 years
- C. 4 years
- D. 6 months Discuss
- 5. Net exports are negative when
Options- A. exports are greater than imports
- B. imports are greater than exports
- C. No exports
- D. None of the above Discuss
- 6. Increasing marginal cost of production explains
Options- A. the income effect.
- B. why the supply curve is upsloping.
- C. why the demand curve is downsloping
- D. the law of demand. Discuss
- 7. Trade blocs help countries by
Options- A. competition
- B. economic integration
- C. Increase in trade
- D. All of the above Discuss
- 8. Which of the following is classified as working capital?
Options- A. currents assets
- B. current liabilities
- C. Both A & B
- D. current assets - current liabities Discuss
- 9. Poverty level in india is estimated on the basis of
Options- A. Household consumer expenditure
- B. Slum population in the country
- C. Per capita income in different States
- D. Household average income Discuss
- 10. The demand curve shows the relationship between
Options- A. good price and the service
- B. quantity demanded and the price of the good
- C. quality and quantity of the good
- D. quality and price of the good Discuss
Indian Economy problems
Search Results
Correct Answer: Bilater monopoly occurs in a market where a single seller ie, a only one monopoly and a single buyer ie, one monopsony exists
Correct Answer: more elastic in the long run, because there is time for firms to enter or leave the industry.
Explanation:
Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.
Correct Answer: a socially constructed category composed of people who share biologically transmitted traits that members of a society consider important.
Explanation:
Sociologists define the concept of "race" as a socially constructed category composed of people who share biologically transmitted traits that members of a society consider important.
Correct Answer: 2 years
Explanation:
TABC stands for Texas Alcoholic Beverage Commission. The Texas Alcoholic Beverage Commission regulates the sales, taxation, production, trade, and advertising of alcoholic beverages in Texas. Alcohol Seller/server Training regulated by this regulatory body is also called TABC Certification. It makes the rules the rest of us have to follow, and if you want to get a job serving alcohol in Texas, getting TABC certified is your first step.
Correct Answer: imports are greater than exports
Explanation:
When exports are greater than imports, net exports are positive and similarly, when imports are greater than exports, net exports are negative.
When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP.
Correct Answer: why the supply curve is upsloping.
Correct Answer: All of the above
Explanation:
A trade bloc is a type of intergovernmental agreement for a group of countries where barriers to trade are reduced or eliminated among the participating states and less competition and for economic integration.
Correct Answer: current assets - current liabities
Explanation:
Working capital, also known as net working capital, is the difference between a company?s current assets, like cash, accounts receivable and inventories of raw materials and finished goods, and its current liabilities, like accounts payable.
Working Capital = Current Assets - Current Liabilities
Correct Answer: Household consumer expenditure
Correct Answer: quantity demanded and the price of the good
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