Preference

Question: Which of the following is not a factor of production?

  1. a.
    labour
  2. b.
    money
  3. c.
    land
  4. d.
    capital resources
  5. e.
    natural resources
Answer: b

Question: What would cause the value of the accelerator to increase?

  1. a.
    a reduction in tax rates
  2. b.
    an increase in the capital-output ratio
  3. c.
    an increase in the saving ratio
  4. d.
    an increase in the marginal propensity to consume
  5. e.
    None of these
Answer: b

Question: Which one of the following is different?

  1. a.
    NAFTA
  2. b.
    SAARC
  3. c.
    OPEC
  4. d.
    EU
  5. e.
    None of the above
Answer: a

Question: What is the category of Bangladesh economy?

  1. a.
    Islami
  2. b.
    Mixed
  3. c.
    Socialist
  4. d.
    Capitalist
  5. e.
    None of the above
Answer: b

Question: A firm will earn normal profit when—

  1. a.
    Average revenue = Marginal revenue
  2. b.
    Average cost = Marginal cost
  3. c.
    Total revenue = Total cost
  4. d.
    Marginal cost = Marginal revenue
  5. e.
    None of the above
Answer: d

Question: Which of the following measure is specifically designed to reduce divergences between private and social cost?

  1. a.
    equal pay legislation
  2. b.
    minimum wage legislation
  3. c.
    the abolition of tuition fees paid by university students
  4. d.
    the introduction of 'bus only' lenes in city centers
  5. e.
    None of these
Answer: c

Question: When income raises then the demand of some goods falls those goods are called--

  1. a.
    Inferior goods
  2. b.
    Superior goods
  3. c.
    Giffen goods
  4. d.
    Public goods
  5. e.
    None of these
Answer: a

Question: When a person has to face the burden of tax that has been imposed on him, it is called--

  1. a.
    indirect tax
  2. b.
    direct tax
  3. c.
    VAT
  4. d.
    recreation tax
  5. e.
    none of them
Answer: b

Question: Which of the following bank is recently awarded as the best bank among the world?

  1. a.
    Janata Bank
  2. b.
    American Express
  3. c.
    HSBC
  4. d.
    City Bank
  5. e.
    Standard Chartered Bank
Answer: c

Question: The goal of pure market economy is to best meet the desires of---

  1. a.
    Citizens
  2. b.
    Government
  3. c.
    Business
  4. d.
    Customers
  5. e.
    Workers
Answer: d

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