Theory of distribution is popularly known as,

(a)

Theory of product-pricing

(b)

Theory of factor-pricing

(c)

Theory of wages

(d)

Theory of interest

'Original and indestructible power of the soil' is the term used by

(a)

J.S.Mill

(b)

Walker

(c)

Clark

(d)

Ricardo

According to the Loanable Funds Theory, supply of loanable funds is equal to

(a)

S + BC + DH + DI

(b)

I + DS + DH + BM

(c)

S + DS + BM + DI

(d)

S + BM + DH + DS

Innovation Theory of profit was given by

(a)

Hawley

(b)

Schumpeter

(c)

Keynes

(d)

Knight

VMP= ____________.

(a)

MPP + Price

(b)

MPP x Price

(c)

MPP + Price

(d)

MPP - Price

Interest is the reward for ___________.

(a)

Land

(b)

Labour

(c)

Capital

(d)

Organisation

The Residual claimant theory was propounded by _______.

(a)

J.S. Mill

(b)

F.A. Walker

(c)

Prof. Knight

(d)

Hawley

Standard of living determines___________.

(a)

Wages

(b)

Interest

(c)

Income

(d)

All of these

________ is that part of capital meant for loan.

(a)

Loanable fund

(b)

Liquidity preference

(c)

Standard of living

(d)

Quasi rent

___________side of factor is operating the marginal productivity theory.

(a)

Supply

(b)

Demand

(c)

Production

(d)

Investment