Agriculture MCQs

2794 MCQs  (Page 11 of 280)

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A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?
A. Plant
B. Firm
C. Factory
D. None
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An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?
A. Pure capitalism
B. Command economy
C. Closed economy
D. Open economy
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An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?
A. Tariff
B. Tax
C. Tacit collusion
D. Subsidy
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The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?
A. Trade balance
B. Trade deficit
C. Trade surplus
D. None
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A payment of money or goods & services by a govt. to a household or firm for which the payer receives no good or service directly in return______________?
A. Tax
B. Tariff
C. Transfer payment
D. Subsidy
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The percentage of labour force unemployment at any time__________________?
A. Unemployment rate
B. Inflation rate
C. Deflation rate
D. None
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The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?
A. Value added
B. Value of money
C. Vertical range
D. None
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An institution or mechanism which brings together buyers and sellers is called____________________?
A. Market
B. Resource market
C. Product market
D. None
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A market in which products are sold by firms and bought by households is_________________?
A. Resource market
B. Product market
C. Consumer market
D. None
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A minimum price which govt. allows seller to receive for a good or service____________________?
A. Ceiling price
B. Floor price
C. Supprot price
D. All
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Word of the Day
26 Jul
Simultaneously
at the same time.
ایک ہی وقت میں، ایک ساتھ، بیک وقت

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