In economics capital refers to:

Related MCQs

• A famous welfare economics book called, “Economics of Welfare” was written by
• The rate of discount which equilibrates the cost of capital good s and the expected future returns from the capital good is known as
• ___________ on capital is called ‘Cost of capital’.
• Where capital availability is unlimited and the projects are not mutually exclusive, for the same cost of capital, following criterion is used
• The concept of social optimum was introduced in Welfare Economics by
• The Fundamental Theorem of Welfare Economics:
• The concept of ‘Social Welfare Function’ was propounded by A. Bergson in his article ‘A Reformulation of Certain Aspects of Welfare Economics’ published in the year 1938
• Welfare Economics is generally accepted as
• In Pareto welfare economics, Efficiency of distribution of commodities among consumers is related to
• In Pareto welfare economics, Efficiency in the allocation of factors among commodities is related to