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Market price and Factor cost will be equ...

Market price and Factor cost will be equal when there is :

A

No direct tax

B

No indirect tax

C

No subsidy

D

No direct tax and no subsidy

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The correct Answer is:
A, B, C, D
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SANDEEP GARG-BASIC CONCEPTS OF MACROECOMICS-(Revision Exercise) Multiple Choice Questions
  1. Which one of the following is not an example of final goods ?

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  2. Which of the following constitute the reason for difference between Ma...

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  3. If factor cost is greater than market price , then it means that :

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  4. Final goods refer to those goods which are used either for "" or for "...

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  5. Net factor income from abroad is :

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  6. Depreciation means :

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  7. Market price and Factor cost will be equal when there is :

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  8. Which of the following is an example of transfer income ?

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  9. Which of the following is an example of an intermediate goods ?

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  10. Sugar purchased by a Sweet shop is an "" good , while is a "" good whe...

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  11. Identify the missing item in the following flowchart :

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  12. Which of the following flowchart correctly establishes the treatment o...

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  13. Depreciation of fixed capital assets refers to :

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  14. Unforeseen obsolescence of fixed capital assets during production is :

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  15. Refrigerator purchased by a confectionery shop is an example of :

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  16. Which of the following is an example of Non-durable good ?

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  17. Addition to the capital stock of an economy is termed as :

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  18. Japanese Embassy in India is a part of domestic territory of :

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  19. Foreign embassies in India are a part of India's :(Choose the correct...

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  20. Goods purchased for the following purpose are final goods : (choose th...

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