1)Which one of the falling is not the features of socialist economy?
a) Social welfare
b) Freedom of enterprise
c) public ownership
d) Planning mechanism
2.Which of the following is related to microeconomics?
a) inflation in the economy
b) problem of unemployment
C)National income
d)Income from the Railways
3)As long as MU is positive, TU … .
a) Remain constant
b) increase
C) false
d) All l of these.
4) Slope of budget line is
a) Marginal opportunity cost
b) marginal rate of substitution
c) market rate of exchange
d) all of these.
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Answer:
ok
Explanation:
- d
- c
- b
- b
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