Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None
Related Questions on Agricultural Economics Mcqs
“Economics is the study of causes of material welfare” was defined by___________________?
A. Adam Smith
B. Marshall
C. Robins
D. Marks
Total money income received by the individual or recipients of income is called____________________?
A. Gross income
B. Net income
C. Personal income
D. None of above
Power of a good/ service to satisfy human desire/want is called____________________?
A. Utility
B. Worth
C. The point of satiety
D. All of these
A. Dumping
B. Subsidy
C. Inflation
D. Monopoly