Which is correct statement about GNP?
| A. | GNP at factor cost = GNP at market prices - Indirect taxes + subsidies |
| B. | Wages + Dividend |
| C. | GNP = Capital + Assets - Depreciation |
| D. | GNP at market price = GDP + cost of capital |
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Option: A Explanation : Click on Discuss to view users comments. |
In a _______ the decisions of a central planner are replaced by the decisions of millions of firms and households, which answer will be suitable for the blank?
| A. | Social economy |
| B. | Business economy |
| C. | Market economy |
| D. | Plant economy |
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Option: C Explanation : Click on Discuss to view users comments. |
Which is not the subject of Managerial Economics?
| A. | Pricing Decision, Policies and Practices |
| B. | Accounting Theory |
| C. | Capital Management |
| D. | Profit Management |
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Option: B Explanation : Click on Discuss to view users comments. |
