A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?

A. Income schedule
B. Saving schedule
C. Consumption schedule
D. None

A firm which engages in in the busyness of banking_________________?

A. State bank
B. Commercial bank
C. World bank
D. None

A tax which is a constant amount at all levels of GDP is termwd as ?

A. Fixed tax
B. Surcharge
C. Lump sum tax
D. None

A debit which monitory value, an amount awed by a firm or an individual___________________?

A. Lockout
B. Logrolling
C. Liability
D. None

A group of firms which produces identical or similar products__________________?

A. Plant
B. Industry
C. Company
D. Organization

A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?

A. Underemployment
B. Frictional employment
C. Temporary unemployment
D. None of these

Any resource whose quantity can not be changed by a firm in the short run_______________?

A. Fixed resource
B. Variable resource
C. Available resource
D. Economic resource

The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?

A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost

The rate of exchange of one nation’s currency for another nation’s currency?

A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these

Recurring increase and decrease in the level of economic activity over periods of years?

A. Business cycle
B. Cyclic flow
C. Both
D. None