distribution
In the quintile distribution of income, the term "quintile" represents?
The normative propositions of economic growth are most significant if its advantages and costs are: (i) Similar with present income distributions. (ii) Distributed evenly among different population groups. (iii) Distributed unevenly among different po
I have a problem in economics on Declines in unemployment rates. Please help me in the following question. The Production possibilities frontiers wouldn’t expand outward in response to: (1) Enhanced technology. (2) Expanded investment and saving. (3) Declines in
Private property ownership however with strong govt. decision-making regarding resource utilization is the characteristic of: (i) War-time capitalism, and fascism. (ii) Communism and Socialism. (iii) Primitive agriculture. (iv) Anarchy and utopianism.
I have a problem in economics on Opportunity costs in producing units. Please help me in the following question. Since output is raised in a fully employed economy, the opportunity costs incurred to generate additional units of a good tend to: (i) Dro
The main mechanism employed in United States to confront the problem of scarcity is: (1) The market system, that relies on prices to the direct production. (2) The mixture of brute force and tradition. (3) Arbitrary selection, however queuing as well
The good example of technological modification would be a discovery of: (i) Big vein of industrial-quality diamonds in the Korea. (ii) New form of sub-atomic particle. (iii) Alchemic method for really transforming lead into gold. (iv) Primeval ‘
Can someone help me in finding out the right answer from the given options. The law of diminishing returns refers to the rising: (1) Complexities encountered in expanding any activity continually. (2) Reductions in the costs from expanding big scale p
The absolute value of the slope of production possibilities frontier equivalents the: (i) Aggregate Supply curve. (ii) Net economic efficacy of the society. (iii) Aggregate Demand curve. (iv) Relative social costs of generating goods. (v) Rate of tech
Though all economies are mixed, the allocative mechanism relatively gaining more dominant utilization in most nations all over the globe throughout recent decades is: (1) Queuing. (2) The government. (3) Tradition. (4) Arbitrary selection. (5) The market system.
I have a problem in economics on Graphical illustration of Production Possibilities Frontiers. Please help me in the following question. The production possibility frontier graphically elucidates the: (1) actual rate of the growth of an economy. (2) P
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