CA FOUNDATION ECO Paper( November 19 )
2019 - November 1. NATURE AND SCOPE OF BUSINESS ECONOMICS (1) A study of have increase in the corporate tax rate will affect national unemployment rate is (a) Marcoeconomics (b) Descriptive economics (c) Microeconomics (d) Normative economics Answer: (a) Macroeconomic [2] A capitalist economy uses as a principal means of allocating resources , (a) Demand (b) Supply (c) Efficiency (d) Price Answer: (d) Price [3] In a market economy all assets are held by: (a) Investors ...