Do you want to enhance your knowledge about Indian economy? This quiz can be of assistance. The economy of India is characterized as middle-income developing market economy. This quiz will touch on what fiscal deficit is, the...
Questions: 10 | Attempts: 749 | Last updated: May 25, 2021
If interest payment is deducted from the fiscal deficit, then the balance is
The private sector is part of a country's economic system that is run by individuals and companies. In a good business economy, the public sector should not suffocate private sectors. How well do you understand the public...
Questions: 30 | Attempts: 724 | Last updated: Sep 29, 2020
The personal distribution of income describes the manner in which society's total personal income is divided among wages and salaries, corporate profits, proprietors' income, interest, and rents.
There are unlimited demands and not enough resources to meet these demands, is what leads to the economizing problem. Take this true and false review questions for McConnell and Brue 15th ed and see how much of the chapter...
Questions: 25 | Attempts: 548 | Last updated: Dec 7, 2018
The conflict between the scarce economic wants of society and its limited resources gives rise to the economizing problem.