The difference between Gross National Income and Gross Domestic Product is known as
Capital consumption
Debt repayments
Investment abroad
Net income from abroad
Net saving
Correct answer is D
No explanation has been provided for this answer.
At the point where total utility begins to decline MU is
Constant
Decreasing
Increasing
Negative
Zero
Correct answer is D
No explanation has been provided for this answer.
Unemployment resulting from physical or mental deficiency is known as……………unemployment.
Cyclical
Disguised
Frictional
Residual
Voluntary
Correct answer is D
No explanation has been provided for this answer.
Total population
The total population divided by the total area of land
The total area of land divided by the total population
The population ratio of male and female
Optimum Population level
Correct answer is B
Population density simply describes the number of individuals occupying an area in relation to the size of the area they occupy.
A tax system in which the rich pay a higher percentage of income as tax than the poor is known as
Capital gains tax
Progressive taxation
Proportional taxation
Regressive taxation
Sales tax
Correct answer is B
A progressive tax is a tax system that increases rates as the taxable income goes up.
Progressive taxation means higher tax rates for those with higher income or more wealth so that those who earn or have more are taxed at a higher rate.