Categories
Economics

Capital, as economists use the term,

A. is the money the fir m spends to hire resources.
B. is money the firm raises from selling stock
.C. refers to the process by which resources are transformed into useful forms.
D. refers to things that have already been produced that are in turn used to produce other goods and services
Categories
Economics

Which of the following is not a resource as the term is used by economists?

A. money.
B. land
C. buildings
D. labour
Categories
Economics

The concept of choice would become irrelevant if

A. capital were eliminated.
B. scarcity were eliminated.
C. we were dealing with a very simple, one-person economy.D. poverty were eliminated.
Categories
Economics

The process by which resources are transformed into useful forms is

A. capitalisation.
B. consumption
C. allocation.
D. production
Categories
Economics

How many different words can be formed with the letters of the word ‘ALLAHABAD’?

(a) 7500

(b) 7560
(c) 7510
(d) 7580
(e) None of these

Categories
Economics

In how many different ways can be letter of the word SOFTWERE be arranged in such a way that the vowels always come together?

(a) 13440
(b) 1440
(c) 360
(d) 120
(e) None of these

Categories
Economics

Which of the following smallest numbers should be added to 6659 to make it a perfect square?

(a) 230
(b) 65
(c) 98
(d) 56
(e) None of these