Agricultural economics Archives | Page 16 of 24

An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?

August 30, 2021March 28, 2019 by admin

An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?

A. Declining industry
B. Decreasing cost industry
C. Both
D. None

A decrease in the governmentally defined value of currency ____________________?

August 30, 2021March 28, 2019 by admin

A decrease in the governmentally defined value of currency ____________________?

A. Inflation
B. Devaluation
C. Cheapness
D. All

Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

August 30, 2021March 28, 2019 by admin

Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

A. Demand pull inflation
B. Stagflation
C. Both
D. None

Failure to achieve full production is called ?

August 30, 2021March 28, 2019 by admin

Failure to achieve full production is called ?

A. Unemployment
B. Under employment
C. Unplanned
D. None

The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________?

August 30, 2021March 28, 2019 by admin

The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________?

A. Trade block
B. Trade union
C. Trade offs
D. All

The total amount buyers of goods and services sped or plan to spend____________________?

August 30, 2021March 28, 2019 by admin

The total amount buyers of goods and services sped or plan to spend____________________?

A. Total spending
B. Aggregate spending
C. Both a and b
D. None

The demand schedule or the demand curve of all buyers of a good or service is called____________________?

August 30, 2021March 28, 2019 by admin

The demand schedule or the demand curve of all buyers of a good or service is called____________________?

A. Market demand
B. Total demand
C. Both
D. None

An asset set aside for future use is termed as_______________________?

August 30, 2021March 28, 2019 by admin

An asset set aside for future use is termed as_______________________?

A. Future planning
B. Store of value
C. Speculation
D. None

A commercial bank authorized by state govt. to engage in business of banking ?

August 30, 2021March 28, 2019 by admin

A commercial bank authorized by state govt. to engage in business of banking ?

A. National Bank
B. State Bank
C. Business authorized bank
D. None

A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?

August 30, 2021March 28, 2019 by admin

A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?

A. Speculation
B. Specialization
C. Spill over
D. anti dumg