Depreciation means:
A) destruction of a plant in a fire accident
B) loss of fixed assets over time due to wear and tear
C) loss of fixed assets in an earthquake
D) closure of the plant due to lockout
Correct Answer:
Verified
Q3: Which of the following is the consumption
Q4: Real flow refers to the flow of
Q5: Which of the following constitute the reason
Q6: Final goods refer to those goods which
Q7: Net Factor Income from Abroad is:
A)export minus
Q9: Non-exclusion principle is related to:
A)private goods
B)public goods
C)merit
Q10: Education is an example of:
A)public good
B)merit good
C)social
Q11: Public Goods are:
A)excludable
B)non - excludable
C)marketable
D)all of these
Q12: Who is the father of Public Finance:
A)dalton
B)pigou
C)smith
D)musgrave
Q13: Incidence of tax means:
A)direct money burden
B)indirect money
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