Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes
by

1 Answer

Answer :

A smaller part of their income
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Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Description : Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Last Answer : (3) A smaller part of their income Explanation: A "subsistence" or necessary level of consumption produces differences in consumption growth rates across income levels. This implies that poor ... necessities. Institutional and behavioral mechanism also leads to low levels of saving among the poor.

The incomes of Indians working abroad are a part of - (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Description : The incomes of Indians working abroad are a part of - (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Last Answer : (3) net domestic product of India Explanation: Domestic Product is the ross money value of all final goods and services produced in the domestic territory of a country during a year. National Product ... by the normal residents of a country during a year. It includes net factor income from abroad.

The incomes of Indians working abroad are a part of (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Description : The incomes of Indians working abroad are a part of (1) domestic income of India (2) income earned from Abroad (3) net domestic product of India (4) gross domestic product of India

Last Answer : net domestic product of India

The sum total of incomes received for the services of labour, land or capital in a country is called (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Description : The sum total of incomes received for the services of labour, land or capital in a country is called (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Last Answer : (3) Gross domestic income Explanation: The Gross Domestic Income (GDI) is the total in-come received by all sectors of an economy within a nation. It includes the sum of all wages, profits, ... services), the gross domestic income of a count should exactly equal its gross domestic product (GDP).

Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits

Description : Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits

Last Answer : (3) Pension Explanation: The income approach equates the total output of a nation to the total factor income received by residents or citizens of the nation. Transfer incomes are excluded from ... wages of labourers will be included, pensions of retired workers will be excluded from national income.

Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits

Description : Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits 

Last Answer : Pension

The sum total of incomes received for the services of labour, land or capital in a country is called : (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Description : The sum total of incomes received for the services of labour, land or capital in a country is called : (1) Gross domestic product (2) National income (3) Gross domestic income (4) Gross national income

Last Answer :  Gross domestic income

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Last Answer : (4) Rich Explanation: A group of economists including Keynes is of the opinion that 'inflation, in one form or the other, is a factor which helps economic growth. Usually, it is argued that ... margin-al propensity to consume of the wage- earners because of their near-subsistence level of income.

A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Last Answer : (3) changed Income distribution in favour of poor. Explanation: Per capita income has lately been viewed as a better determinant of economic development and welfare. However, high inequality can still ... no quarters deprived as after all, economic welfare is a part and parcel of social welfare.

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Last Answer : Rich

A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour. 

Last Answer : changed Income distribution in favour of poor. 

If a manager tries to form territories with equal sales potential, the territories will usually be unequal in geographic size; this will cause the salespersons with larger territories to A)develop larger income potentials. B)have to work longer and harder to generate a certain sales volume. C)work about the same amount, since potential is the same. D)have much larger sales than those salespeople with smaller territories.

Description : If a manager tries to form territories with equal sales potential, the territories will usually be unequal in geographic size; this will cause the salespersons with larger territories to A)develop ... potential is the same. D)have much larger sales than those salespeople with smaller territories.

Last Answer : B)have to work longer and harder to generate a certain sales volume.

Identify the idea depicted in the cartoon: a. Equal distribution of income and wealth in the world. b. disparities of income and wealth between the rich and poor in the world c. The rich have access to scarce resources d. The poor have access to more resources because they are needy Correct

Description : Identify the idea depicted in the cartoon: a. Equal distribution of income and wealth in the world. b. disparities of income and wealth between the rich and poor in the world c. The rich have access to scarce resources d. The poor have access to more resources because they are needy Correct

Last Answer : b. disparities of income and wealth between the rich and poor in the world

The ratio of incomes of Pankaj and Gauri is 3:5 and the ratio of their expenditures is 2:3. Who does save more? (You have to assume that no one takes any loan from anywhere) A) Pankaj B) Gauri C) Both save equally D) Depends upon the incomes of Pankaj and Gauri E) NONE

Description : The ratio of incomes of Pankaj and Gauri is 3:5 and the ratio of their expenditures is 2:3. Who does save more? (You have to assume that no one takes any loan from anywhere) A) Pankaj B) Gauri C) Both save equally D) Depends upon the incomes of Pankaj and Gauri E) NONE

Last Answer : pankaj

A tube mill as compared to a ball mill (A) Employs smaller balls (B) Gives finer size reduction but consumes more power (C) Has larger length/diameter ratio (>2 as compared to 1 for ball mill) (D) All (A), (B) and (C)

Description : A tube mill as compared to a ball mill (A) Employs smaller balls (B) Gives finer size reduction but consumes more power (C) Has larger length/diameter ratio (>2 as compared to 1 for ball mill) (D) All (A), (B) and (C)

Last Answer : (D) All (A), (B) and (C)

Compared with the gametophytes of the bryophytes, the gametophytes of vascular plants tend to be (a) smaller but to have larger sex organs (b) larger but to have smaller sex organs (c) larger and to have larger sex organs (d) smaller and to have smaller sex organs.

Description : Compared with the gametophytes of the bryophytes, the gametophytes of vascular plants tend to be (a) smaller but to have larger sex organs (b) larger but to have smaller sex organs (c) larger and to have larger sex organs (d) smaller and to have smaller sex organs.

Last Answer : (d) smaller and to have smaller sex organs.

The optimum performance for reactors operating in parallel is obtained when the feed stream is distributed in such a way, that the (A) Space time for each parallel line is same (B) Space time for parallel lines is different (C) Larger reactors have more space time compared to smaller ones (D) None of these

Description : The optimum performance for reactors operating in parallel is obtained when the feed stream is distributed in such a way, that the (A) Space time for each parallel line is same (B) Space time for ... is different (C) Larger reactors have more space time compared to smaller ones (D) None of these

Last Answer : (A) Space time for each parallel line is same

What does man love more than life? Fear more than death or mortal strife? What do the poor have, what the rich require, And what contented men desire? What does the miser spend, the spendthrift save, And all men carry to their graves? -Riddles

Description : What does man love more than life? Fear more than death or mortal strife? What do the poor have, what the rich require, And what contented men desire? What does the miser spend, the spendthrift save, And all men carry to their graves? -Riddles

Last Answer : Nothing.

Beehive coke oven (A) Facilitates by-products recovery (B) Takes 2-3 days for coking of coal but requires no external fuel for heating (C) Gives larger yield of coke (around 85%) as compared to by-product ovens (D) Produces coke with very poor strength

Description : Beehive coke oven (A) Facilitates by-products recovery (B) Takes 2-3 days for coking of coal but requires no external fuel for heating (C) Gives larger yield of coke (around 85%) as compared to by-product ovens (D) Produces coke with very poor strength

Last Answer : (B) Takes 2-3 days for coking of coal but requires no external fuel for heating

The incomes of A of B are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each saves rupees 2000, what is their income? a) 32000 b) 20000 c) 1190 d) 8000 e) None of these

Description : The incomes of A of B are in the ratio 3:2 and their expenditure are in the ratio 5:3 if each saves rupees 2000, what is their income? a) 32000 b) 20000 c) 1190 d) 8000 e) None of these

Last Answer : Let the income be 3x and 2x. It is given that the saving of each is Rs. 2000. Then, their expenditures are 3x - 2000 and 2x - 2000 Again, (3x - 2000)/(2x - 2000) = 5/3 => 3(3x - 2000) = 5(2x - ... -x = -4000 => x = 4000 Therefore, their salaries are 3 x 4000 = 12000 and 2 x 4000 = 8000 Answer: d)

The incomes of A and B are in the ratio 1 : 2 and their expenditures are in the ratio 2 : 5. If A saves Rs 20,000 and B saves Rs 35,000, what is the total income of A and B? A) Rs 30,000 B) Rs 70,000 C) Rs 90,000 D) Rs 60,000 E) Rs 80,000

Description : The incomes of A and B are in the ratio 1 : 2 and their expenditures are in the ratio 2 : 5. If A saves Rs 20,000 and B saves Rs 35,000, what is the total income of A and B? A) Rs 30,000 B) Rs 70,000 C) Rs 90,000 D) Rs 60,000 E) Rs 80,000

Last Answer : Answer: C Income of A = x, of B = 2x Expenditure of A = 2y, of B = 5y Savings is (income – expenditure). So x – 2y = 20,000 2x – 5y = 35,000 Solve the equations, x = 30,000 So total = x+2x = 3x = 3*30,000 = 90,000

The ratio of the incomes of A and B last year was 9 : 13. Ratio of their incomes of last year to this year is 9 : 10 and 13 : 15 respectively. The sum of their present incomes is Rs 50,000. What is the present income of B? A) Rs 32,000 B) Rs 24,000 C) Rs 20,000 D) Rs 30,000 E) None of these

Description : The ratio of the incomes of A and B last year was 9 : 13. Ratio of their incomes of last year to this year is 9 : 10 and 13 : 15 respectively. The sum of their present incomes is Rs 50,000. What is the present income of B? A) Rs 32,000 B) Rs 24,000 C) Rs 20,000 D) Rs 30,000 E) None of these

Last Answer : Answer: D ratio of the incomes of A and B last year was 9x : 13y Now given that ratio of the incomes of A and B last year was 9 : 13. So 9x/13y = 9/13 This gives x = y Total of incomes of A ... = 50,000 This gives x = 2,000 So present income of B = 15y = 15x = 15*2000 = 30,000

What does man love more than life, Fear more than death or mortal strife, What the poor have, the rich require, And what contented men desire, What misers spend, and spendthrifts save, And all men carry to the grave? -Riddles

Description : What does man love more than life, Fear more than death or mortal strife, What the poor have, the rich require, And what contented men desire, What misers spend, and spendthrifts save, And all men carry to the grave? -Riddles

Last Answer : Nothing.

Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Description : Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Last Answer : Sure: I think it bothers most of the 99%.

Corporation tax is a tax imposed on - (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Description : Corporation tax is a tax imposed on - (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : (1) the net incomes of the companies Explanation: Corporate Tax is a levy placed on the profit of a firm, with different rates used for different levels of profits. Corporate taxes are ... taxable period. Most countries tax all corporations doing business in the country on income from that country.

The demand for a product would be more inelastic: a. the greater is the time under consideration b. the greater is the number of substitutes available to buyers c. the less expensive is the product in relation to incomes d. all of the above Answers: D C D C A D C A C C

Description : The demand for a product would be more inelastic: a. the greater is the time under consideration b. the greater is the number of substitutes available to buyers c. the less expensive is the product in relation to incomes d. all of the above Answers: D C D C A D C A C C

Last Answer : c. the less expensive is the product in relation to incomes

The demand for a product would be more inelastic: a. the greater is the time under consideration b. the greater is the number of substitutes available to buyers c. the less expensive is the product in relation to incomes d. all of the above

Description : The demand for a product would be more inelastic: a. the greater is the time under consideration b. the greater is the number of substitutes available to buyers c. the less expensive is the product in relation to incomes d. all of the above

Last Answer : b. the greater is the number of substitutes available to buyers

.An increases in investment is most likely to be caused by (a) Lower interest rates (b) Expectations of lower national incomes © A decrease in the marginal propensity to consume (d) An increase in withdrawals.

Description : .An increases in investment is most likely to be caused by (a) Lower interest rates (b) Expectations of lower national incomes © A decrease in the marginal propensity to consume (d) An increase in withdrawals.

Last Answer : (a) Lower interest rates

Corporation tax is a tax imposed on (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Description : Corporation tax is a tax imposed on (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : the net incomes of the companies

What type of tax takes a larger percentage of wealthier taxpayers' income and a smaller percentage of the income of those who earn less?

Description : What type of tax takes a larger percentage of wealthier taxpayers' income and a smaller percentage of the income of those who earn less?

Last Answer : Need answer

Why do the rich look down on the poor?

Description : Why do the rich look down on the poor?

Last Answer : It’s just the way it is – and has always been.

'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : (2) more heavily on the poor than on the rich Explanation: In terms of individual income and wealth, a regressive tax imposes a greater burden on the poor than on the rich. There is an inverse ... to reduce the tax burden of the well-todo, as they shift the burden disproportionately to the needy.

Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Description : Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Last Answer : d. rich in potash and poor in phosphorus

‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : the co-existence of public as well as private sector

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : more heavily on the poor than on the rich

In terms of consumer demand and spending behaviour, marketers are most interested in 1. wealth 2. consumer credit 3. disposable income 4. pretax income 5. high incomes

Description : In terms of consumer demand and spending behaviour, marketers are most interested in 1. wealth 2. consumer credit 3. disposable income 4. pretax income 5. high incomes

Last Answer : disposable income

In terms of consumer demand and spending behaviour, marketers are most interested in: A)wealth VU Cafeteria B)consumer credit C)disposable income D)pretax income E)high incomes

Description : In terms of consumer demand and spending behaviour, marketers are most interested in: A)wealth VU Cafeteria B)consumer credit C)disposable income D)pretax income E)high incomes

Last Answer : C)disposable income

The parabola is defined mathematically as a curve generated by a point that moves suchthat its distance from the focus is always__________the distance to the directrix a.larger than b.smaller than c.equal to d.none of the above

Description : The parabola is defined mathematically as a curve generated by a point that moves suchthat its distance from the focus is always__________the distance to the directrix a.larger than b.smaller than c.equal to d.none of the above

Last Answer : c.equal to

The total resistance of a parallel circuit is always ____________. A. larger than that of the branch with the greatest resistance B. smaller than that of the branch with the lowest resistance C. equal to the sum of the individual branch resistances D. equal to the sum of the individual branch resistances divided by the number of branches

Description : The total resistance of a parallel circuit is always ____________. A. larger than that of the branch with the greatest resistance B. smaller than that of the branch with the lowest resistance C ... resistances D. equal to the sum of the individual branch resistances divided by the number of branches

Last Answer : Answer: B

The total resistance of a parallel circuit is always ____________. A. larger than the greatest branch resistance B. smaller than the lowest branch resistance C. equal to the sum of the individual branch resistances D. one-half the sum of the individual branch resistances

Description : The total resistance of a parallel circuit is always ____________. A. larger than the greatest branch resistance B. smaller than the lowest branch resistance C. equal to the sum of the individual branch resistances D. one-half the sum of the individual branch resistances

Last Answer : Answer: B

Pick out the wrong statement. (A) In the McCabe-Thiele diagram for binary distillation, vertical feed line represents saturated liquid feed and horizontal feed line represents saturated vapour feed (B) In small columns, local efficiency is larger than Murphree efficiency; in large columns local efficiency is smaller than Murphree efficiency (C) For Laminar flow over a plate of length L, the local mass transfer co￾efficient at a distance L from the leading edge is 1.5 × 10 -2m/s. Then the average mass transfer co-efficient for the plate is 2 × 10 -2m/s (D) The concentration and hydrodynamic boundary layers over a flat plate are of equal thickness, if Schmidt number is equal to unity

Description : Pick out the wrong statement. (A) In the McCabe-Thiele diagram for binary distillation, vertical feed line represents saturated liquid feed and horizontal feed line represents saturated vapour feed (B) In ... layers over a flat plate are of equal thickness, if Schmidt number is equal to unity

Last Answer : (C) For Laminar flow over a plate of length L, the local mass transfer co￾efficient at a distance L from the leading edge is 1.5 × 10 -2m/s. Then the average mass transfer co-efficient for the plate is 2 × 10 -2m/s

A clearance bearing is design accurately to keep the radius of journal and bearing equal. a) Journal radius is kept larger b) Journal radius is kept smaller c) True d) Can’t be determined

Description : A clearance bearing is design accurately to keep the radius of journal and bearing equal. a) Journal radius is kept larger b) Journal radius is kept smaller c) True d) Can’t be determined

Last Answer : b) Journal radius is kept smaller

Working stress method of design results in -------------- percentages of compression steel than that of a limit state method of design [ A ] Equal [ B ] Larger [ C ] Smaller [ D ] Half of the

Description : Working stress method of design results in -------------- percentages of compression steel than that of a limit state method of design [ A ] Equal [ B ] Larger [ C ] Smaller [ D ] Half of the

Last Answer : [ B ] Larger

________ means making a smaller business, part of a larger one, so that the smaller company in effect no longer exists. 1. Merger 2. Amalgamation 3. Absorption 4. Invention 5. None of these

Description : ________ means making a smaller business, part of a larger one, so that the smaller company in effect no longer exists. 1. Merger 2. Amalgamation 3. Absorption 4. Invention 5. None of these

Last Answer : Absorption

What income/net worth is enough to categorize someone as rich?

Description : What income/net worth is enough to categorize someone as rich?

Last Answer : I think location is just as important. 100k a year in Manhattan isn't much, while in Eastern TN it would be quite cushy. For my region I would say any family (three dependents or less) making 200k ... saving can be done at this level and life tends to be paycheck to paycheck. Below 12k is poor.

Countries with per capita income of US$ per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Description : Countries with per capita income of US$ per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Last Answer : c. 12056

Countries with per capita income of US$per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Description : Countries with per capita income of US$per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Last Answer : c. 12056