Situation in which govt. intervention in an economy worsens outcomes__________________?
A. Govt. failure
B. Market perfection
C. Govt. inefficiency
D. None
International resources shared by all countries e.g ocean, air etc?
International resources d by all countries e.g ocean, air etc?
A. Global environment facility
B. Global commons
C. Global reserves
D. None
he yearly number of children born alive per 1,000 women within a chil bearing age bracket?
he yearly number of children born alive per 1,000 women within a chil bearing age bracket?
TA. Crude birth rate
B. Birth rate
C. Fertility rate
D. Expectancy rate
The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?
A. Depreciation
B. Downsizing
C. Rightsizing
D. All
Changing the term of existing loan________________?
Changing the term of existing loan________________?
A. Debt repudiation
B. Debt renegotiation
C. Debt transformation
D. All
The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?
The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?
A. Partial substitution
B. Currency substitution
C. Currency devaluation
D. None
The principle that if one factor of production is fixed and constant addition of other factors are combined with it, the marginal productivity of variable factors will eventually decline ?
The principle that if one factor of production is fixed and constant addition of other factors are combined with it, the marginal productivity of variable factors will eventually decline ?
A. Marginal returns
B. Diminishing returns
C. Both
D. None
The process of improving the quality of all human lives including sustenance, self esteem and freedom________________?
The process of improving the quality of all human lives including sustenance, self esteem and freedom________________?
A. Growth
B. Economic growth
C. Development
D. All
A cooperative farm or other collectively organized unit ?
A cooperative farm or other collectively organized unit ?
A. Corporation
B. Commune
C. Society
D. All
Technologies that by design produce less waste and use resources more efficiently ?
Technologies that by design produce less waste and use resources more efficiently ?
A. Clean technologies
B. Efficient technology
C. Productive technology
D. Innovative technology