Managerial Economics MCQs and Notes
A
Q 21. If external debt of country rises faster than its interest obligations, it is a case of:
V
Q 22. The economist who said that international trade was based upon the concept of absolute advantage was:
R
Q 23. Dualism in development economics refers to
R
Q 24. When average product is falling, it is
V
Q 25. A fall in the price of a commodity leads to
S
Q 26. Adam Smith advocated
V
Q 27. Feudalistic economy is dominated by
R
Q 28. Physiocrats give utmost importance to
R
Q 29. The Historical school was based on
R