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Federal Government Quiz Questions and Answers PDF p. 49

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Federal Government quiz questions and answers, federal government MCQs with answers PDF 49 to solve Economics mock tests for online college programs. Solve Design of Tax System trivia questions, federal government Multiple Choice Questions (MCQ) for online college degrees. Federal Government Interview Questions PDF: economies of scale and international trade, some determinants of equilibrium wage, elasticity and total revenue along linear demand curve, partial equilibrium analysis, federal government test prep for online business administration degree classes.

"An indicator of financial health in which expenditures exceed revenue is known as" MCQ PDF with choices budget deficit, budget surplus, fiscal challenge, and monetary challenge for BA in business administration. Practice design of tax system questions and answers to improve problem solving skills for online classes for business management degree.

Quiz on Federal Government MCQs

MCQ: An indicator of financial health in which expenditures exceed revenue is known as

budget surplus
budget deficit
fiscal challenge
monetary challenge

MCQ: The?rate?at which a consumer is ready to give up one good in exchange for another good while maintaining the same level of utility is known as

marginal rate of transformation
marginal rate of technical substitution
marginal rate of substitution
marginal opportunity costs

MCQ: At point where there is high prices and low quantity demanded and vice versa is the situation where demand curve is

constant
inelastic
irregular
elastic

MCQ: The idea that firms may permanently hold to a real wage greater than the equilibrium wage is called as

striking wages
efficient wages
premium wages
surplus wages

MCQ: The concept which relates with the cost advantage that arises with increased output of a product is known as

Leontief paradox
economies of scale
increasing return to scale
decreasing return to scale