Basic Economics Terms and Concepts

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Basic Economics Terms and Concepts: Overview

This topic covers concepts such as Basic Economics Terms and Concepts, Macroeconomic Terms, Consumer Price Index (CPI), Deflation, Inflation, Investment, Microeconomic Terms, Budget Set, Factors of Production, Factor Prices, etc.

Important Questions on Basic Economics Terms and Concepts

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________ is a forced exit option results from a failed venture investment.

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Fault tolerance is _____.

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Which of the following statements is false?

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Production Possibilities curve is also known as _____.

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_________ reflects the perceived tangible and intangible benefits and cost to customers.

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The companies which are formed under special Act. Those companies are called as _____.

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_____ refers to that portion of total deposits which a commercial bank has to keep with itself in the form of liquid assets.

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A derived demand is one whereby?

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Which of the following does not come under implied warranty?

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Suppose there occurs an increase in the Canadian demand for Japanese computers.This results in _____.

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Elevators are used for moving materials:

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An offer is open for acceptance over a period of time. This is _____.

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Which state has the highest urban population _____,

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Implied condition is not treated as implied warranty when:

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Marketing research data is gathered by _____.

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The difference between revenue expenditure and revenue receipts is:

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Countries or states which require zero tax or very low tax is known as _______

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Characteristics of introduction stage of PLC is: