| 1 |
The part of wealth, other than natural resources, which can be used for further production of wealth are called |
- A. Capital
- B. Revenue
- C. Fundamentals of economics
- D. None of these
|
| 2 |
Consists of all kinds of wealth, other than free gifts of nature, which yield income are called |
- A. Capital
- B. Productivity of capital
- C. Both a and b
- D. None of these
|
| 3 |
It is function of capital |
- A. provision of machinery
- B. payment of wages
- C. establish good relation with employees
- D. a and b of above
|
| 4 |
Which of the following is capital |
- A. toy of a child
- B. plough of the farmer
- C. calculator of the student
- D. novel book in the library
|
| 5 |
To the economist, investment refers to |
- A. sale of real estate
- B. creation of new capital
- C. purchase of a prize bond
- D. decrease in inventories
|
| 6 |
How many functions of capital |
|
| 7 |
These are kinds of capital EXCEPT |
- A. fixed capital
- B. expensive capital
- C. working capital
- D. real capital
|
| 8 |
An example of money capital is |
- A. cash
- B. money in a savings account
- C. prize bond
- D. golden ring
|
| 9 |
A factory is an example of |
- A. capital
- B. natural resources
- C. entrepreneurship
- D. none of the above
|
| 10 |
Qd = 50 - 5P people will demand 50 when price of the product is: |
- A. Very high
- B. Very low
- C. Zero
- D. Unity
|
