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  • Question 1
    1 / -0

    In India, in which of the following, Foreign Direct Investment (FDI) is not allowed?

  • Question 2
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    Who first raised the fears of a world food shortage?

  • Question 3
    1 / -0

    An economy is underdeveloped if __________.

  • Question 4
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    The economic reforms have failed to ______________.

  • Question 5
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    Who controls economic activities under centrally planned economies?

  • Question 6
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    In which of the following cases does output double with the doubling of all inputs?

  • Question 7
    1 / -0

    You are given the following data:

    Factor Output
    00
    115
    230
    345
    460
    575
    The above data is an example of:

  • Question 8
    1 / -0

    Directions For Questions

    [passage-header]


    [/passage-header]
    Read the following paragraph and answer the following question
    Nicole owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for Rs. 100 each. It costs Nicole Rs. 20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested Rs. 100,000 in her factory and equipment: Rs. 50,000 from her savings and Rs. 50,000 borrowed at 10 percent. (Assume that she could have loaned money out at 10 percent, too.) Nicole can work at a competing pottery factory for Rs. 40,000 per year.

    ...view full instructions

    The economic profit at Nicole's factory is:

  • Question 9
    1 / -0

    Which of the following represents the concept of trade-offs?

  • Question 10
    1 / -0

    Which of the following statements is incorrect regarding Disinvestment?

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