The difference between Gross National Income and Gross Domestic Product is known as?
A. capital consumption B. debt repayments C. Investment abroad D. net income from abroad E. net saving Correct Answer: Option D – net income from abroad
At the point where total utility begins to decline MU is?
A. constant B. decreasing C. increasing D. negative E. zero Correct Answer: Option D – negative
Unemployment resulting from physical or mental deficiency is known as _________ unemployment.
A. cyclical B. disguised C. Frictional D. residual E. Voluntary Correct Answer: Option D – residual
Population density refers to?
A. total population B. the total population divided by the total area of land C. the total area of land divided by the total population D. the population ratio of male and female E. optimum Population level Correct Answer: Option D – the population ratio of male...
A tax system in which the rich pays a higher percentage income as tax than the poor is known as?
A. capital gains tax B. progressive taxation C. proportional taxation D. regressive taxation E. sales tax Correct Answer: Option B – progressive taxationProducts
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