Class XII

Larger production of ___________ goods would lead to higher production in the future.
  1. Coal
  2. Nuclear Power
  3. Electricity
  4. Capital
Increasing MOC mean
  1. Concave PPC
  2. Straight PPC
  3. Inverted PPC
  4. Convex PPC
A Production Possibility Frontier shifts rightward if
  1. None of these
  2. Both of these
  3. Resources increase
  4. Technology improves
Increase of decrease in the Bank balance is ---------
  1. Cash and Cash Equivalents
  2. Operating Activity
  3. Investing Activity
  4. Financing Activity
A resource is a
  1. Service only
  2. Not a good or a service
  3. Good only
  4. Good or a service
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