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Economics Past Questions and Answers

Economics Questions

Question 4351:
Population density refers to ____________
  • A Total population
  • B The total population divided by the total area of land
  • C The total area of land divided by the total population
  • D The population ratio of male and female
  • E Optimum Population level
View Answer & Explanation
Question 4352:
Unemployment resulting from physical or mental deficiency is known as ____________ unemployment.
  • A Cyclical
  • B Disguised
  • C Frictional
  • D Residual
  • E Voluntary
View Answer & Explanation
Question 4353:
At the point where total utility begins to decline MU is ____________
  • A Constant
  • B Decreasing
  • C Increasing
  • D Negative
  • E Zero
View Answer & Explanation
Question 4354:
The difference between Gross National Income and Gross Domestic Product is known as ____________
  • A Capital consumption
  • B Debt repayments
  • C Investment abroad
  • D Net income from abroad
  • E Net saving
View Answer & Explanation
Question 4355:
In a solo proprietorship, decisions are made by the ____________
  • A Board of directors
  • B Government
  • C Management
  • D Owner
  • E Shareholders
View Answer & Explanation