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

(a)

J.S.Mill

(b)

Walker

(c)

Clark

(d)

Ricardo

Money wages are also known as

(a)

real wages

(b)

nominal wages

(c)

original wages

(d)

transfer wages

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

The distribution of income or wealth of a country among the individuals are

(a)

Functional distribution

(b)

Personal distribution

(c)

Goods distribution

(d)

Services distribution

"Wages as a sum of money are paid under contract by an employer to a worker for services rendered" - Who said this?

(a)

Benham

(b)

Marshall

(c)

Walker

(d)

J.S.Mill

Marginal productivity theory of distribution is also known as ____________.

(a)

General theory of distribution

(b)

National Dividend theory of distribution

(c)

Both 'a' and 'b'

(d)

None of these

VMP= ____________.

(a)

MPP + Price

(b)

MPP x Price

(c)

MPP + Price

(d)

MPP - Price

Quasi - Rent was given by __________.

(a)

Adamsmith

(b)

Benham

(c)

Alfred Marshall

(d)

Hawley

David Ricardo is a ____________ economists.

(a)

Classical Economists

(b)

Neo Classical Economists

(c)

Modern Economists

(d)

All of these

_______ is the price paid for the use of capital in any market.

(a)

Profit

(b)

Interest

(c)

Rent

(d)

Wage