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 |
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 |
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 |
Option: B Explanation : Click on Discuss to view users comments. |