A. Demand
B. Supply
C. Excess demand
D. Excess supply
I- improved packages of high-yielding seed varieties
II- fertilizers, pesticides and irrigation
III- improved transportation
IV better extension service
A. I and III only
B. II and III only
C. I, II and III only
D. I, II, III and IV
A. Everything is sold
B. Buyers spend all their money
C. Quantity demanded equal quality supplied
D. Excess demanded equals quantity
E. C and D
A. Agriculture
B. Industry
C. Trade
D. Civil Service
A. rise, rise
B. fall, rise
C. fall, fall
D. rise, fall
A. appreciation in the value of both currencies
B. depreciation in the value of both currencies
C. appreciation in the value of the yen against the mark
D. depreciation in the value of the yen against the mark
A. They will aim to leave the industry
B. Other firms will join the industry
C. The revenue equal total costs
D. No profit is made is accounting terms