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.Management Sciences
Category: Agricultural economics
A. Cetris peribus stands for__________________?
0
B. Let it be
C. All else being equal
D. Same as given before
E. 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 ?
A. Marginal returns
B. Diminishing returns
C. Both
D. None
A market in which products households sell and firms buy resources or the services of resources is__________________?
A. Resource market
B. Product market
C. Consumer market
D. Producer market
Income that is available to house holds for spending and saving after personal, income taxes have been deducted ?
A. Saving
B. Disposable income
C. Net income
D. All
Proportion of school aged children who don’t complete a particular school cycle ?
A. IIIiteracy rate
B. Dropout rate
C. Children un education rate
D. All
______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?
A. Traditional economy
B. Political economy
C. Capitalistic economy
D. Open economy
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
An interest bearing deposit which normally can be withdrawn by the depositor at any time ?
A. Saving deposit
B. Fixed deposit
C. Capital deposit
D. None
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