In LDC children under age of 15 years are ___________% of the total population?
A. 40 %
B. 50 %
C. 80 %
D. None
In least developed nations dependent children are__________________?
In least developed nations dependent children are__________________?
A. 60 %
B. 90 %
C. 50 %
D. 70 %
Nonproductive members of society are referred to as___________________?
Nonproductive members of society are referred to as___________________?
A. Society wastes
B. Society burden
C. Economic dependency burden
D. None of these
The core value of development is________________?
The core value of development is________________?
A. Sustenance
B. Self esteem
C. Freedom
D. All
Noble prize of Economics in 1979 was awarded to________________?
Noble prize of Economics in 1979 was awarded to________________?
A. W. Arthur Lewis
B. Theodore Schultz
C. Both a and b
D. None
The role of power in economic decision making is studied in________________?
The role of power in economic decision making is studied in________________?
A. Development economics
B. Traditional economics
C. Political economics
D. None of these
Excess of total revenue over total costs_______________?
Excess of total revenue over total costs_______________?
A. Producer surplus
B. Scarcity rent
C. Both
D. None
Recurring increase and decrease in the level of economic activity over periods of years?
Recurring increase and decrease in the level of economic activity over periods of years?
A. Business cycle
B. Cyclic flow
C. Both
D. None
The rate of exchange of one nation’s currency for another nation’s currency?
The rate of exchange of one nation’s currency for another nation’s currency?
A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these
The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?
The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?
A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost