Basic Concepts of Economics
51. Alternative name of capitalist economy?
- ক. Mixed economy
- খ. Competetive economy
- গ. Command economy
- ঘ. Traditional economy
উত্তরঃ Competetive economy
52. What do you mean by the meet want of a good?
- ক. Utility
- খ. Wealth
- গ. Production
- ঘ. Cosumption
উত্তরঃ Utility
53. What is cause of downward slopping demand curve?
- ক. Diminishing marginal utility
- খ. Diminishing marginal productivity
- গ. Increasing marginal cost
- ঘ. Future apprehension of price inflation
উত্তরঃ Diminishing marginal utility
54. A rational consumer what does want to maximize?
- ক. Total utility
- খ. Quantity of goods
- গ. Marginal utility
- ঘ. Average utility
উত্তরঃ Total utility
55. What do you mean by demand?
- ক. Desire of goods to get
- খ. Necessary money
- গ. Desire of spending money
- ঘ. a, b, c combinely correct
উত্তরঃ a, b, c combinely correct
56. Demand curve shows the relation between demand and---
- ক. Consumer's income
- খ. Substitute goods
- গ. Supply
- ঘ. Price
উত্তরঃ Price
- ক. Which's quantity demanded falls at the rising price
- খ. Which's quantity demanded rises at the rising income
- গ. Which likes everyone
- ঘ. Which likes normal buyer
উত্তরঃ Which's quantity demanded falls at the rising price
58. When income raises then the demand of some goods falls those goods are called--
- ক. Inferior goods
- খ. Superior goods
- গ. Giffen goods
- ঘ. Public goods
উত্তরঃ Inferior goods
59. Market will be surplus product when--
- ক. Demand ≤ Supply
- খ. Demand ≥ Supply
- গ. Demand = Supply
- ঘ. Demand < Supply
উত্তরঃ Demand < Supply
- ক. Unitary elastic
- খ. Cross elastic
- গ. Elastic
- ঘ. Inelastic
উত্তরঃ Inelastic
61. ΔQ = 10, ΔP = 5, p = 12, Q = 6, What will be the value of elasticity?
- ক. 1/4
- খ. 4
- গ. 1
- ঘ. 0
উত্তরঃ 4
62. Demand elasticity of necessary goods will be--
- ক. Zero
- খ. Infinitive
- গ. Elastic
- ঘ. Inelastic
উত্তরঃ Inelastic
64. Demand elasticity of a straight line in every point--
- ক. 1
- খ. 0
- গ. Equal
- ঘ. Different
উত্তরঃ Different
65. In economics production means--
- ক. Create productivity
- খ. Create capital
- গ. Create goods
- ঘ. Create utility
উত্তরঃ Create utility
66. "Capital is the factor produced by productivity", qoutate by--
- ক. Marshall
- খ. Karl Marx
- গ. Adam Smith
- ঘ. Bom-work
উত্তরঃ Bom-work
67. What do you mean by total economic cost?
- ক. Total explicit cost
- খ. Total implicit cost
- গ. Total explicit cost + Total implicit cost
- ঘ. Total explicit cost - Total implicit cost
উত্তরঃ Total explicit cost + Total implicit cost
68. Which kind of cost will become zero when total productivity is equal to zero?
- ক. Marginal cost
- খ. Variable cost
- গ. External cost
- ঘ. Opportunity cost
উত্তরঃ Variable cost
69. Market will be deficit product when--
- ক. Demand ≤ Supply
- খ. Supply ≥ Demand
- গ. Supply = Demand
- ঘ. Supply < Demand
উত্তরঃ Supply < Demand
70. Which one is the unique determinant of investment?
- ক. Interers rate
- খ. Inventory
- গ. Capital
- ঘ. Savings
উত্তরঃ Interers rate
71. Fundamental psylehological law of consumption stated by--
- ক. Milton Friedmen
- খ. Franco Modigliani
- গ. Duesen berry
- ঘ. Keynes
উত্তরঃ Keynes
72. What is the relation between savings and investment?
- ক. Strict
- খ. Neutral
- গ. Positive
- ঘ. Negative
উত্তরঃ Positive
- ক. Net National Income
- খ. Gross Domestic Product
- গ. National Income
- ঘ. Gross National Product
উত্তরঃ Gross National Product
75. Gross domistic product - Depreciation cost =?
- ক. Net National Income
- খ. Gross National Income
- গ. Net Domestic Product
- ঘ. Net National Product
উত্তরঃ Net Domestic Product