The reward for labour is

(a)

rent

(b)

wage

(c)

profit

(d)

interest

Money wages are also known as

(a)

real wages

(b)

nominal wages

(c)

original wages

(d)

transfer wages

Residual Claimant Theory is propounded by

(a)

Keynes

(b)

Walker

(c)

Hawley

(d)

Knight

The reward given for the use of capital

(a)

rent

(b)

wage

(c)

interest

(d)

profit

The concept of meeting unexpected expenditure according to Keynes is

(a)

Transaction motive

(b)

Precautionary motive

(c)

Speculative motive

(d)

Personal motive

What is net interest?

What are the factors determining demand for loanable funds?

What is Standard of Living Theory of Wages?

Name the few Theories of Interest.

What is personal distribution?

List out the kinds of wages.

Distinguish between rent and quasi-rent.

State the Dynamic Theory of profit.

Describe briefly the Innovation Theory of Profit.

Write a note on Risk-bearing Theory of Profit.

What are the assumptions of the Marginal Productivity Theory of Distribution?

How is the Marginal product of a factor expressed as? Explain.

How to determine the rate of interest with diagram? Determination of Rate of Interest.

Describe Uncertainty Bearing Theory of Profit.