Economic development depends on : (1) Natural resources (2) Capital formation (3) Size of the market (4) All of the above

Economic development depends on : (1) Natural resources (2) Capital formation (3) Size of the market (4) All of the above
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(4) All of the above Explanation: Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives.
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Economic development depends on : (1) Natural resources (2) Capital formation (3) Size of the market (4) All of the above

Description : Economic development depends on : (1) Natural resources (2) Capital formation (3) Size of the market (4) All of the above

Last Answer : All of the above

Capital formation in underdeveloped countries is a major bottleneck. The reason can be a. Small size of market with no incentive for investment b. Low level of income c. Demonstration effect d. All the above

Description : Capital formation in underdeveloped countries is a major bottleneck. The reason can be a. Small size of market with no incentive for investment b. Low level of income c. Demonstration effect d. All the above

Last Answer : d. All the above Capital formation refers to investment in tools, machinery, buildings etc. inequalities in the economy is also a reason behind this.

Capital formation in an economy depends on - (1) Total Income (2) Tot al demand (3) Total savings (4) Total production

Description : Capital formation in an economy depends on - (1) Total Income (2) Tot al demand (3) Total savings (4) Total production

Last Answer : (3) Total savings Explanation: Capital formation refers to capital accumulation, referring to the total "stock of capital" that has been formed, or to the growth of this total capital stock. ... a measure of the amount by which the total physical capital stock increased during an accounting period.

Capital formation in an economy depends on (1) Total Income (2) Total demand (3) Total savings (4) Total production

Description : Capital formation in an economy depends on (1) Total Income (2) Total demand (3) Total savings (4) Total production

Last Answer : Total savings

The supply of labour in the economy depends on - (1) Population (2) National income (3) Per capita income (4) Natural resources

Description : The supply of labour in the economy depends on - (1) Population (2) National income (3) Per capita income (4) Natural resources

Last Answer : (1) Population Explanation: The supply curve for labor depends on variables such as population, wage rates, etc. in developing countries, the vast population base explains the relatively lower wage ... accessibility to labour supply. This is just the opposite in the case of developed countries.

The supply of labour in the economy depends on (1) Population (2) National income (3) Per capita income (4) Natural resources

Description : The supply of labour in the economy depends on (1) Population (2) National income (3) Per capita income (4) Natural resources

Last Answer : Population

Economic growth in India will happen necessarily if there is a. Population growth b. Capital formation c. Technical progress in the global economy d. All the above

Description : Economic growth in India will happen necessarily if there is a. Population growth b. Capital formation c. Technical progress in the global economy d. All the above

Last Answer : b. Capital formation Capital formation refers to investment in tools, machinery, buildings etc.

Which factor is not responsible for Global ecological crisis? (a) Depletion of resources for satisfying the greed of few individuals. (b) Accumulation of resources in few hands. (c) Sustainable economic development. (d) Indiscriminate exploitation of resources.

Description : Which factor is not responsible for Global ecological crisis? (a) Depletion of resources for satisfying the greed of few individuals. (b) Accumulation of resources in few hands. (c) Sustainable economic development. (d) Indiscriminate exploitation of resources.

Last Answer : (c) Sustainable economic development.

The supply of labour in the market depends on - (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Description : The supply of labour in the market depends on - (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Last Answer : (4) All the above Explanation: Supply of labour in an economy depends upon both economic as well as noneconomic factors. It depends upon the size of population, the number of workers available for ... intensity of work, the skills of workers, their willingness to work and the mobility of labour.

The supply of labour in the market depends on (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Description : The supply of labour in the market depends on (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Last Answer : All the above

Which of the following is necessary for a natural monopoly? a. economies of scale b. a high proportion of the total cost is the cost of capital goods c. the market is very small d. all of the above

Description : Which of the following is necessary for a natural monopoly? a. economies of scale b. a high proportion of the total cost is the cost of capital goods c. the market is very small d. all of the above

Last Answer : d. all of the above

Capital formation in underdeveloped countries is a major bottleneck. The reason can be A. Small size of market with no incentive for investment B. Low level of income C. Demonstration effect D. All the above

Description : Capital formation in underdeveloped countries is a major bottleneck. The reason can be A. Small size of market with no incentive for investment B. Low level of income C. Demonstration effect D. All the above

Last Answer : D. All the abov

Economic problem arises mainly due to (1) overpopulation (2) unemployment (3) scarcity of resources (4) lack of industries

Description : Economic problem arises mainly due to (1) overpopulation (2) unemployment (3) scarcity of resources (4) lack of industries

Last Answer : (3) scarcity of resources Explanation: The theory of Economic problem states that there is scarcity, or that the finite resources available are insufficient to satisfy all human wants and needs. The ... produced and how the factors of production (such as capital and labor) are to be allocated.

Economic problem arises mainly due to (1) overpopulation (2) unemployment (3) scarcity of resources (4) lack of industries

Description : Economic problem arises mainly due to (1) overpopulation (2) unemployment (3) scarcity of resources (4) lack of industries

Last Answer : scarcity of resources

Effective demand depends on - (1) capital-output ratio (2) output-capital ratio (3) total expenditure (4) supply price

Description : Effective demand depends on - (1) capital-output ratio (2) output-capital ratio (3) total expenditure (4) supply price

Last Answer : (4) supply price Explanation: Effective Demand is "the demand in which the consumer are able and willing to purchase at conceivable price" simply saying if the product price is low more ... Function or Price and Aggregate Supply Function or Price to explain the determination of effective demand.

Effective demand depends on (1) capital-output ratio (2) output-capital ratio (3) total expenditure (4) supply price

Description : Effective demand depends on (1) capital-output ratio (2) output-capital ratio (3) total expenditure (4) supply price

Last Answer : supply price

The National Mission for Sustainable Agriculture (NMSA) aims at which of the following? a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and genetic resources by developing strategies to make agriculture more resilient to climate change. b. Improving agricultural productivity by providing timely advisory services to farmers to adopt best practices, technology, meet with contingencies, market information, etc. c. Notifying agricultural commodities produced in the region and providing their first sale mechanism. d. Providing Irrigation benefits to the farmers to ensure early completion of projects.

Description : The National Mission for Sustainable Agriculture (NMSA) aims at which of the following? a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and ... mechanism. d. Providing Irrigation benefits to the farmers to ensure early completion of projects.

Last Answer : a. Enhancing agricultural productivity, protection of resources such as land, water, biodiversity and genetic resources by developing strategies to make agriculture more resilient to climate change.

Which among the following has the least possibility of globalization? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Description : Which among the following has the least possibility of globalization? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Last Answer : (2) location of capital works Explanation: Globalization can affect the labor market by increasing capacity of developing countries to create new opportunities for work and production ... in proper shape. A welldeveloped infrastructure is an indispensable condition for faster globalization.

Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Which among the following has the least possibility of globalisation ? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Description : Which among the following has the least possibility of globalisation ? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Last Answer : location of capital works

Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption

Description : Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption

Last Answer : (4) consumption Explanation: The processing of agricultural products; the production of grain by threshing: the production of flour by milling; the curing of skins and the production of leather ... production of baskets and mats; etc, come under processing of primary commodities for own consumption.

Imputed gross rent of owner-occupied buildings is a part of - (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Description : Imputed gross rent of owner-occupied buildings is a part of - (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Last Answer : (2) final consumption Explanation: The figure of final private consumption expenditure includes the imputed gross rent of owner-occupied dwellings, consumption of own-account production and payment by ... of production and hence an income and is also a part of final consumption expenditure.

Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption (

Description : Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption (

Last Answer : consumption

Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Description : Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Last Answer : final consumption

How can/will the free market help our economic situation?

Description : How can/will the free market help our economic situation?

Last Answer : If we would leave it alone, it would cure itself. Unfortunately, our myopic government is using this as an opportunity to convert us to a Marxist system of highly controlled socialism.

Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Last Answer : (3) Economic rent is the difference between the market wage and the reservation wage. Explanation: The difference between the actual market wage and the reservation wage is called economic rent. Therefore ... per-son becomes unemployed (The Goals of Macroeconomic Policy by Martin Prachowny. p. 58).

Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market. 

Last Answer :  Economic rent is the difference between the market wage and the reservation wage.

What is the legal/economic term for the ratio between a company's capital and its debts?

Description : What is the legal/economic term for the ratio between a company's capital and its debts?

Last Answer : I think it's just called "debt-to-capital ratio" http://www.investopedia.com/terms/d/debt-to-capitalratio.asp

Whe a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called - (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital

Description : Whe a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called - (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital

Last Answer : (4) Flight of Capital Explanation: Flight of capital refers to the movement of money from one investment to another in search of greater stability or increased returns. Sometimes, it ... in massive foreign capital outflows from a specific country, often at times of currency instability.

An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of ... the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Last Answer : (4) When such increase is the result of increased production of intoxicants Explanation: An increase in per capita income due to increased production of intoxicants cannot be taken as economic ... population, include: GDP, literacy, access to health care, and assessments of environmental quality.

Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Description : Economic progress of a country is determined by - (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Last Answer : (1) Increase in per capita income of people of country Explanation: Economic progress of a country is determined by increase in per capita income of people f that country.

Economic rent refers to - (1) Payment made for the use of labour (2) Payment made for the use of capital (3) Payment made for the use of organisation (4) Payment made for the use of land

Description : Economic rent refers to - (1) Payment made for the use of labour (2) Payment made for the use of capital (3) Payment made for the use of organisation (4) Payment made for the use of land

Last Answer : (4) Payment made for the use of land Explanation: Rent refers to that part of payment by a tenant which is made only for the use of land, i.e., free gift of nature. The payment made by ... rent'. Economic rent is also called surplus because it emerges without any effort on the part of a landlord.

All of the goods which are scarce and limited in supply are called - (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods

Description : All of the goods which are scarce and limited in supply are called - (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods

Last Answer : (4) Economic goods Explanation: In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. An economic good is a consumable item ... goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them.

Which of the following is true about the way by which SDG&E has been regulated by the PUC? a. SDG&E has been allowed to earn very high economic profits b. The profits of SDG&E are calculated as a percent of the value of the capital goods c. When the demand for electricity would fall, the price of electricity would also fall d. All of the above

Description : Which of the following is true about the way by which SDG&E has been regulated by the PUC? a. SDG&E has been allowed to earn very high economic profits b. The profits of SDG&E are calculated as ... the demand for electricity would fall, the price of electricity would also fall d. All of the above

Last Answer : b. The profits of SDG&E are calculated as a percent of the value of the capital goods

When a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital

Description : When a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called (1) Transfer of Capital (2) Escape of Capital (3) Outflow of Capital (4) Flight of Capital 

Last Answer :  Flight of Capital 

Economic progress of a country is determined by (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Description : Economic progress of a country is determined by (1) Increase in per capita income of people of country (2) Increase in the price of produced capital goods during the year (3) Increased numbers of Trade Unions (4) Fall in the general price level of a country

Last Answer : Increase in per capita income of people of country

An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts ( ... production of industrial goods (4) When such increase is the result of increased production of intoxicants 

Last Answer : When such increase is the result of increased production of intoxicants

All of the goods which are scarce and limited in supply are called (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods

Description : All of the goods which are scarce and limited in supply are called (1) Luxury goods (2) Expensive goods (3) Capital goods (4) Economic goods

Last Answer : Economic goods

Economic rent refers to (1) Payment made for the use of labour (2) Payment made for the use of capital (3) Payment made for the use of organisation (4) Payment made for the use of land

Description : Economic rent refers to (1) Payment made for the use of labour (2) Payment made for the use of capital (3) Payment made for the use of organisation (4) Payment made for the use of land

Last Answer : Payment made for the use of land

Why does primary sector continues to be the largest employer in India? (a) Secondary and Tertiary sector are not able to generate comparatively enough employment opportunities despite increase in their production level. (b) It generates more employment opportunities. (c) It exploits natural resources and provides raw material to secondary sector.(d) None of the above

Description : Why does primary sector continues to be the largest employer in India? (a) Secondary and Tertiary sector are not able to generate comparatively enough employment opportunities despite increase in their ... exploits natural resources and provides raw material to secondary sector.(d) None of the above

Last Answer : (a) Secondary and Tertiary sector are not able to generate comparatively enough employment opportunities despite increase in their production level.

Increasing human population put pressure on the natural resources such as land, soil, water, fossil fuels etc. IT causes - I. Soil erosion II. Salinization of soils III. DesertificationIV. Eutrophicationa. I and IIb. I, II and IIIc. III and IVd. I, II, III and IV

Description : Increasing human population put pressure on the natural resources such as land, soil, water, fossil fuels etc. IT causes - I. Soil erosion II. Salinization of soils III. Desertification IV. Eutrophication a. I and II b. I, II and III c. III and IV d. I, II, III and IV

Last Answer : d. I, II, III and IV

Assertion(A): High national income leads to better human Development Index Reason(R): Good health and education facilities depends on amount of money spent by govt on these facilities. a) Both A and R are true and R is the correct explanation of A. b) Both A and R are true and R is the not correct explanation of A. c) A is correct but R is wrong. d) A is wrong but R is correct.

Description : Assertion(A): High national income leads to better human Development Index Reason(R): Good health and education facilities depends on amount of money spent by govt on these facilities. a) Both A and R are true and R is ... of A. c) A is correct but R is wrong. d) A is wrong but R is correct.

Last Answer : d) A is wrong but R is correct.

Economic development of a country depends on which factors and what is the role of democracy in it? -SST 10th

Description : Economic development of a country depends on which factors and what is the role of democracy in it? -SST 10th

Last Answer : In matters of economic development, not all the democracies get developed because of various factors like population, lack of basic infrastructure, etc. If you consider all democracies and all dictatorships ... income is increasing. People at the bottom of society have very little to depend on.

Which property of soil depends upon the amount, size, shape, arrangement and mineral constituent. a. Physical b. Biological c. Taxonomic d. None of these

Description : Which property of soil depends upon the amount, size, shape, arrangement and mineral constituent. a. Physical b. Biological c. Taxonomic d. None of these

Last Answer : a. Physical

Malthusian theory of population explored the relationship between - (1) food supply and technology (2) food supply and population growth (3) population growth and development (4) optimum growth and resources

Description : Malthusian theory of population explored the relationship between - (1) food supply and technology (2) food supply and population growth (3) population growth and development (4) optimum growth and resources

Last Answer : (2) food supply and population growth Explanation: According to Malthusian theory of population, population increases in a geometrical ratio, whereas food supply increases in an arithmetic ratio. This ... by natural occurrences such as disease, high infant mortality, famine, war or moral restraint.

The third stage of Resource Planning involves ? (a) Identification and inventory of resources. (b) Matching the resource development plan with overall National Development plan. (c) Evolving a planning structure endowed with appropriate technology. (d) Qualitative and quantitative estimation and measurement of the resources.

Description : The third stage of Resource Planning involves ? (a) Identification and inventory of resources. (b) Matching the resource development plan with overall National Development plan. (c) ... with appropriate technology. (d) Qualitative and quantitative estimation and measurement of the resources.

Last Answer : (b) Matching the resource development plan with overall National Development plan.

What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-export

Description : What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-export

Last Answer : c. Income

What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-expor

Description : What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-expor

Last Answer : c. Income

Malthusian theory of population explored the relationship between (1) food supply and techno-logy (2) food supply and popula-tion growth (3) population growth and development (4) optimum growth and resources

Description : Malthusian theory of population explored the relationship between (1) food supply and techno-logy (2) food supply and popula-tion growth (3) population growth and development (4) optimum growth and resources

Last Answer :  food supply and popula-tion growth