1. What is the category of Bangladesh economy?
a. Islami
b. Mixed
c. Socialist
d. Capitalist
e. None of the above
Answer: b
2. A firm will earn normal profit when—
a. Average revenue = Marginal revenue
b. Average cost = Marginal cost
c. Total revenue = Total cost
d. Marginal cost = Marginal revenue
e. None of the above
Answer: d
3. When income raises then the demand of some goods falls those goods are called--
a. Inferior goods
b. Superior goods
c. Giffen goods
d. Public goods
e. None of these
Answer: a
4. Resource in an economy--
a. Are always fixed
b. Can Never decrease
c. Always increase over time
d. Are limited at any moment in time
Answer: d
5. Who is the pioneer of the consept 'Consumer Surplus'?
a. Marshall
b. Adam Smith
c. Ricardo
d. Keynes
e. None of them
Answer: a
6. The formula of determining per capital income is---.
a. GNP × population
b. GNP ÷ population
c. population ÷ GNP
d. export income ÷ population
e. None of these
Answer: b
7. Investment depends mainly on:
a. Past levels of income
b. Future expected profits
c. Present national income levels
d. Historic data
Answer: b
8. What do you mean by demand?
a. Desire of goods to get
b. Necessary money
c. Desire of spending money
d. a, b, c combinely correct
e. None of the above
Answer: d
9. Sacrifice of the best possible uses is called to the---
a.Social cost
b. Depreciation cost
c. Production cost
d. Opportunity cost
e. None of the above
Answer: d
10. TIN Stands for--
a. Tax Identification Number
b. Tuna Bread Nuggest
c. Tin In Noon
d. Tower In Netherlands
e. None of these
Answer: a
