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Distribution Analysis

Distribution Analysis

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Question 1
In Economics, distribution of income is among the
A
factors of production
B
individual
C
firms
D
traders
Question 2
Theory of distribution is popularly known as,
A
Theory of product-pricing
B
Theory of factor-pricing
C
Theory of wages
D
Theory of Interest
Question 3
Rent is the reward for the use of
A
capital
B
labour
C
land
D
organization
Question 4
The concept of ‘Quasi-Rent’ is associated with
A
Ricardo
B
Keynes
C
Walker
D
Marshall
Question 5
The Classical Theory of Rent was propounded by
A
Ricardo
B
Keynes
C
Marshall
D
Walker
Question 6
Original and indestructible powers of the soil’ is the term used by
A
J.S.Mill
B
Walker
C
Clark
D
Ricardo
Question 7
The reward for labour is
A
rent
B
wage
C
profit
D
interest
Question 8
Money wages are also known as
A
real wages
B
nominal wages
C
original wages
D
transfer wages
Question 9
Residual Claimant Theory is propounded by
A
Keynes
B
Walker
C
Hawley
D
Knight
Question 10
The reward given for the use of capital
A
rent
B
wage
C
interest
D
profit
Question 11
Keynesian Theory of interest is popularly known as
A
Abstinence Theory
B
Liquidity Preference Theory
C
Loanable Funds Theory
D
Agio Theory
Question 12
According to the Loanable Funds Theory, supply of loanable funds is equal to
A
S + BC + DH + DI
B
I + DS + DH + BM
C
S + DS + BM + DI
D
S + BM + DH + DS
Question 13
The concept of meeting unexpected expenditure according to Keynes is
A
Transaction motive
B
Precautionary motive
C
Speculative motive
D
Personal motive
Question 14
The distribution of income or wealth of a country among the individuals are
A
functional distribution
B
personal distribution
C
goods distribution
D
services distribution
Question 15
Profit is the reward for
A
land
B
organization
C
capital
D
labour
Question 16
Innovation Theory of profit was given by
A
Hawley
B
Schumpeter
C
Keynes
D
Knight
Question 17
Quasi-rent arises in
A
Man-made appliances
B
Homemade items
C
Imported items
D
None of these
Question 18
Wages as a sum of money are paid under contract by an employer to a worker for services rendered” –Who said this?
A
Benham
B
Marshall
C
Walker
D
J.S.Mill
Question 19
Abstinence Theory of Interest was propounded by
A
Alfred Marshall
B
N.W Senior
C
Bohm-Bawerk
D
Knut Wicksell
Question 20
Loanable Funds Theory of Interest is called as
A
Classical Theory
B
Modern Theory
C
Traditional Theory
D
Neo-Classical Theory
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