11th Class Principles of Economics MCQS Part II: Money Online Test 1

3-cp-3-e-after-deducting-direct-tax-from-personal-income-2-c-we-get-3-a-3-c-2-fp-3-e_-_3-cp-3-edisposable-personal-income-3-c-2-fp-3-e,3-cp-3-e-as-factors-of-production-2-c-river-and-sea-are-called-3-a-3-c-2-fp-3-e_-_3-cp-3-eland-3-c-2-fp-3-e,3-cp-3-e-cause-of-shifting-of-supply-curve-is-3-a-3-c-2-fp-3-e_-_3-cp-3-eother-factors-3-c-2-fp-3-e,3-cp-3-e-change-in-total-product-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-emarginal-product-3-c-2-fp-3-e,3-cp-3-e-demand-for-factors-of-production-is-3-a-3-c-2-fp-3-e_-_3-cp-3-ederived-3-c-2-fp-3-e,3-cp-3-e-demand-for-necessities-of-life-is-3-a-3-c-2-fp-3-e_-_3-cp-3-e-less-elastic-3-c-2-fp-3-e,3-cp-3-e-disposable-personal-income-is-equal-to-3-a-3-c-2-fp-3-e_-_3-cp-3-epersonal-income-direct-taxes-3-c-2-fp-3-e,3-cp-3-e-dividing-total-variable-costs-by-the-units-of-output-2-c-is-attained-3-a-3-c-2-fp-3-e_-_3-cp-3-eaverage-variable-costs-3-c-2-fp-3-e,3-cp-3-e-elasticity-of-supply-is-the-name-of-3-a-3-c-2-fp-3-e_-_3-cp-3-efeature-of-change-in-supply-3-c-2-fp-3-e,3-cp-3-e-first-law-of-consumption-was-presented-by-3-a-3-c-2-fp-3-e_-_3-cp-3-e-marshall-3-c-2-fp-3-e,3-cp-3-e-if-demand-for-x-commodity-changes-due-to-the-change-in-the-price-of-commodity-y-2-c-it-is-c-2-a-0-called-3-a-3-c-2-fp-3-e_-_3-cp-3-ecross-elasticity-3-c-2-fp-3-e,3-cp-3-e-if-supply-does-not-change-2-c-then-due-to-rise-in-demand-equilibrium-price-3-a-3-c-2-fp-3-e_-_3-cp-3-e-increases-3-c-2-fp-3-e,3-cp-3-e-in-perfect-competition-the-average-revenue-curve-is-3-a-3-c-2-fp-3-e_-_3-cp-3-e-horizontal-3-c-2-fp-3-e,3-cp-3-e-in-short-run-2-c-a-monopolist-firm-usually-gains-3-a-3-c-2-fp-3-e_-_3-cp-3-e-abnormal-profit-3-c-2-fp-3-e,3-cp-3-e-net-national-income-equals-to-3-a-3-c-2-fp-3-e_-_3-cp-3-e-gross-national-product-depreciation-allowance-3-c-2-fp-3-e,3-cp-3-e-number-of-factors-of-production-is-3-a-3-c-2-fp-3-e_-_3-cp-3-efour-3-c-2-fp-3-e,3-cp-3-e-one-of-the-following-is-not-called-land-3-a-3-c-2-fp-3-e_-_3-cp-3-e-supply-of-land-is-unlimited-3-c-2-fp-3-e,3-cp-3-e-production-of-the-last-unit-of-a-factor-of-production-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-emarginal-product-3-c-2-fp-3-e,3-cp-3-e-slopeo-of-average-and-marginal-revenue-curves-under-monoply-is-3-a-3-c-2-fp-3-e_-_3-cp-3-enegative-3-c-2-fp-3-e,3-cp-3-e-symbol-used-for-utility-is-3-a-3-c-2-fp-3-e_-_3-cp-3-em-3-c-2-fp-3-e,relationship-of-value-of-money-with-quantity-of-money-is-3-a_-_inverse,the-money-whose-face-value-is-equal-to-its-intrinsic-value-3-a_-_sub-standard-money,the-relationship-between-money-supply-and-the-value-of-money-is-3-a_-_inverse,when-there-is-deflation-2-c-the-prices-3-a_-_decrease,which-kind-of-budget-is-better-during-the-situation-of-inflation-3-a_-_surplus-budget