Preference

Question: Which of the following is most likely to be found in a developing economy?

  1. a.
    a low capital : labour ratio
  2. b.
    a high capital : labour ratio
  3. c.
    a high capital : output ratio
  4. d.
    a low capital : output ratio
  5. e.
    None of the above
Answer: a

Question: What do you mean by total economic cost?

  1. a.
    Total explicit cost
  2. b.
    Total implicit cost
  3. c.
    Total explicit cost + Total implicit cost
  4. d.
    Total explicit cost - Total implicit cost
  5. e.
    None of the above
Answer: c

Question: 'Everyman will work according to their ability and will get remunaration according to their working capacity'-- this is the characteristics of --

  1. a.
    Communism
  2. b.
    Mixed economic system
  3. c.
    Capitalism
  4. d.
    Socialism
  5. e.
    None of the above
Answer: d

Question: In which part of the economics Dr. Amartya Sen got noble prize?

  1. a.
    Development economocs
  2. b.
    Welfare economocs
  3. c.
    Micro economocs
  4. d.
    Macro economocs
  5. e.
    None of the above
Answer: b

Question: What is necessary for consumer surplus to be zero?

  1. a.
    Supply is perfectly inelastic
  2. b.
    Supply is perfectly elastic
  3. c.
    Demand is perfectly inelastic
  4. d.
    Demand is perfectly elastic
  5. e.
    None of the above
Answer: d

Question: Who is the writer of 'Das Capital'?

  1. a.
    Adam Smith
  2. b.
    Karl Marx
  3. c.
    Ricardo
  4. d.
    Keynes
  5. e.
    None of them
Answer: b

Question: Which of the following is the apex body of the private sector business community in Bangladesh?

  1. a.
    DCCI
  2. b.
    FBCCI
  3. c.
    DSE
  4. d.
    BGMEA
  5. e.
    Appex International
Answer: b

Question: What will cause interest rates to rise?

  1. a.
    an unexpected increase in the price of bonds
  2. b.
    an increase in the nominal money supply
  3. c.
    an increase in the volume of output
  4. d.
    a reduction in the price level
  5. e.
    None of the above
Answer: c

Question: Who had devided Economics in two partsw (Macro & Micro Economy) at first?

  1. a.
    Marshall
  2. b.
    Adam Smith
  3. c.
    Samuelson
  4. d.
    Keynes
  5. e.
    None of them
Answer: d

Question: What kinds of science of Economics is?

  1. a.
    Social Science
  2. b.
    Natural Science
  3. c.
    Theological Science
  4. d.
    Science of wealth
  5. e.
    None of these
Answer: a

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