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.Management Sciences
Category: Agricultural economics
A firm which engages in in the busyness of banking_________________?
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A. State bank
B. Commercial bank
C. World bank
D. None
Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?
A. Rate or returns
B. External rate or returns
C. Internal rate or returns
D. None
Noble prize of Economics in 1979 was awarded to________________?
A. W. Arthur Lewis
B. Theodore Schultz
C. Both a and b
D. None
A physical establishment which performs one or more functions in production, fabrication and distribution of goods and services ?
A. Plant
B. Firm
C. Factory
D. None
To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?
A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law
The percentage of labour force unemployment at any time__________________?
A. Unemployment rate
B. Inflation rate
C. Deflation rate
D. None
An asset set aside for future use is termed as_______________________?
A. Future planning
B. Store of value
C. Speculation
D. None
In LDC children under age of 15 years are ___________% of the total population?
A. 40 %
B. 50 %
C. 80 %
D. None
Nonproductive members of society are referred to as___________________?
A. Society wastes
B. Society burden
C. Economic dependency burden
D. None of these
Excess utility over price derived by the consumers because of negative sloping demand curve ?
A. Producer surplus
B. Consumer surplus
C. Marginal utility
D. Demand surplus
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