What was the comparative advantage theory of David Ricacrdo?
When a country can produce a good or service at a lower opportunity cost than another country. Pursuit of self-interest, division of labor, and freedom of trade. A theory of free-market capitalism directly opposed to government intervention. A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
×
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
_______ is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Macroeconomics Neo-classical economics Microeconomics Monetarist economics
×
Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
How many articles, parts, and schedules are in the Indian constitution?
395 Articles, 22 Parts, and 8 Schedules 395 Articles, 22 Parts, and 12 Schedules 385 Articles, 22 Parts, and 8 Schedules 385 Articles, 22 Parts, and 12 Schedules
×
At its enactment, it had 395 articles in 22 parts and 8 schedules. At about 145,000 words, it is the second-longest active constitution—after the Constitution of Alabama—in the world.
Which article of the Indian Constitution describes it as rigid and flexible?
Article 332 Article 368 Article 300 Article 312
×
Article 368 of the Indian Constitution provides for two types of amendments.
1. By a special majority of Parliament.
2. By a special majority of the Parliament with the ratification by half of the total states.
Which of the following activities is also referred to as the 'Gold Collar' profession?
Primary Secondary Quinary Quaternary
×
Quinary activities are services that focus on the creation, re-arrangement, and interpretation of new and existing ideas; data interpretation, and the use and evaluation of new technologies. Gold Collar Worker: Refers to highly-skilled knowledgeable people such as doctors, lawyers, scientists, and also young, low-wage workers who also get parental support.
⬅ Prev Next ➡