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Agricultural economics

The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________?

Agricultural economics /
The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________?

A. Trade surplus
B. Trade deficit
C. Trade off
D. None

The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________? Read More »

Agricultural economics

Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________?

Agricultural economics /
Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________?

A. Opportunity cost
B. Real cost
C. Economic cost
D. None

Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________? Read More »

Agricultural economics

A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?

Agricultural economics /
A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?

A. Macroeconomic
B. Micro economic
C. Positive economic
D. Normative economic

A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________? Read More »

Agricultural economics