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Circular Flow Diagram Quiz Questions and Answers PDF Download 94

Practice Circular Flow Diagram quiz questions and answers, circular flow diagram MCQs with answers PDF to solve economics worksheet 94 for online graduate programs. Practice Thinking Like An Economist quiz questions with answers, circular flow diagram multiple choice Questions and Answers (MCQ) to solve circular flow diagram test with answers for online university degrees. Free circular flow diagram MCQs, measurement of inequality, economies of scale and international trade, circular flow diagram test prep for online business degree.

"There are two types of market, like", circular flow diagram Multiple Choice Questions (MCQ) with choices good/services and fop, normal and abnormal, oligopoly and monopoly, and free and monopoly to learn online MBA economics courses. Learn thinking like an economist questions and answers with free online certification courses for free online classes.

Quiz on Circular Flow Diagram PDF Download 94

Circular Flow Diagram Quiz

MCQ: There are two types of market, like

  1. normal and abnormal
  2. good/services and FOP
  3. oligopoly and monopoly
  4. free and monopoly

B

Economies of Scale & International Trade Quiz

MCQ: A theory that seeks to explain changes in the pattern of international trade over time and that is based on a dynamic sequence of technological and product innovation and diffusion is known as

  1. technological gap theory
  2. diseconomies of scale
  3. economies of scale
  4. laissez faire theorem

A

Economies of Scale & International Trade Quiz

MCQ: The good that has positive coefficient of income elasticity of demand but is less than one is known as

  1. inferior good
  2. normal good
  3. luxurious good
  4. bad good

B

Measurement of Inequality Quiz

MCQ: A distribution referred to as a distribution in specie, is a payment made in the form of securities or other property rather than in cash is known as

  1. transfer payments
  2. in-kind transfers
  3. speculative payments
  4. dividend payment

B

Mercantilist's View on Trade Quiz

MCQ: The situation that refers to differences in productivity of nations is known as

  1. absolute advantage
  2. comparative advantage
  3. absolute disadvantage
  4. comparative disadvantage

A