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What are the solutions to the following questions: One of the external sources of capital to organisations is: [Hire purchase, Ploughed back profits, Contributions from shareholders, Past savings]. Un
Economics
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Here are the solutions to the questions:
Question 10:
One of the external sources of capital to organisations is:
- External sources of capital are funds obtained from outside the business.
- Hire purchase involves acquiring assets by paying installments over time, often financed by an external company.
- Ploughed back profits, contributions from shareholders, and past savings are all internal sources of capital.
The final answer is .
Question 11:
Unemployment caused by a general deficit in demand is called:
- Cyclical unemployment occurs due to a general downturn in the economy, leading to a decrease in overall demand for goods and services, and consequently, a reduced demand for labor.
- Structural unemployment is due to a mismatch of skills or changes in industry.
- Seasonal unemployment is due to seasonal variations in demand.
- Technological unemployment is due to automation.
The final answer is .
Question 12:
An inferior good is defined as any commodity:
- An inferior good is a good whose demand decreases when consumer income increases, and whose demand increases when consumer income decreases.
The final answer is .
Question 13:
One positive check proposed by Malthus is:
- Thomas Malthus proposed two types of checks on population growth: preventive checks (which reduce birth rates, like moral restraint, late marriage, and abstinence) and positive checks (which increase death rates, like famine, disease, and war, or natural disasters).
- Family planning, late marriages, and abstinence are preventive checks.
- A flood is a natural disaster that would increase the death rate, making it a positive check.
The final answer is .
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