MEDIUM
Earn 100

What is the money measurement concept? Which one factor can make it difficult to compare the monetary values of one year with the monetary values of another year?

50% studentsanswered this correctly

Important Questions on Economics

MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is the main focus of the 'Scalar Chain' principle in management?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is informal communication?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What does ‘Issue of debentures for consideration other than cash’ mean?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Distinguish between training and development.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is the law of diminishing marginal product?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Explain the relationship between the marginal products and the total product of an input.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What does a bearer debenture mean?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is the law of variable proportions?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Explain the concepts of the short run and the long run.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Which management principle suggests the need for fairness and consistency in employee treatment?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Explain the significance of Taylor's Scientific Management.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Which style of leadership does not believe in use of power unless it is absolutely essential?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Explain the concept of a production function.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What does it mean to issue debentures at a discount and redeemable at a premium?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
Which of the following is an example of a financial objective of management?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is the meaning of ‘Debentures issued as a collateral security’?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is meant by a debenture?
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
State the meaning of principles of management.
MEDIUM
Other Subjects>Economics>Economics>Simple Economics
What is the total product of an input?