Average & Total Cost, Application of Economics & Income Inequality Mcqs


Q.  Which of the following is not a factor of production ?

a. labor
b. land
c. money
d. capital


ANSWER: See Answer
 
No explanation is available for this question!
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MCQs:  Rawls’s suggestion that policy should be directed at maximizing the welfare of the least well off person in society is derived from ?
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MCQs:  Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?
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MCQs:  Because people’s income vary other the life cycle and because there are transitory shocks to people’s incomes the standard measures of income distribution ?
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MCQs:  Permanent income is ?
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MCQs:  In Pakistan the term the poverty trap is used to describe the fact that ?
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MCQs:  Housing Benefit is a good example of ?
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MCQs:  An example of an indirect tax is ?
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MCQs:  Tax shifting ?
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MCQs:  A tax whose burden expressed as a percentage of income, falls as income increases is a ?
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MCQs:  A tax whose burden is the same proportion of income for all households is ?
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MCQs:  The total amount of tax you pay divided by your total income is the ?
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MCQs:  Horizontal equity holds that ?
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MCQs:  A Gini coefficient of one means that ?
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MCQs:  The Gini coefficient is ?
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