Total revenue is equal to total output sold multiplied by

(a)

Price

(b)

Total cost

(c)

Marginal revenue

(d)

Marginal cost

The indifference curve are

(a)

vertical

(b)

horizontal

(c)

positive sloped

(d)

Negatively sloped

A production function measures the relation between

(a)

input prices and output prices

(b)

input prices and the quantity of output

(c)

the quantity of inputs and the quantity of output

(d)

the quantity of inputs and input prices

Price rigidity is the attribute of _______

(a)

Perfect competition

(b)

Oligopoly

(c)

Duopoly

(d)

Monopoly

MRP=______________.

(a)

MPP x MR

(b)

MPP+MR

(c)

MPP-MR

(d)

MPP + MR

According to the loanable funds theory, demand of loanable funds is equal to __________.

(a)

S + BM + DH + DI

(b)

S + BM + DH + DS

(c)

I + C + H

(d)

S + M + I

The number of births per thousand population is called as

(a)

Crude death rate

(b)

Mortality rate

(c)

Morbidity rate

(d)

Crude birth rate

Human Development Index was developed by the Indian economist ______

(a)

Marshall

(b)

Mahbub ul Haq

(c)

J.M. Keynes

(d)

Amartya Sen

Ambedkar was a ____

(a)

Capitalist

(b)

Socialist

(c)

Communist

(d)

None of these

According to HDR (2016), India ranked __ out of 188 countries.

(a)

130

(b)

131

(c)

135

(d)

145