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.Management Sciences
Category: Agricultural economics
The portion of economy consisting of Agriculture, Forestry, Hunting and Fishing ?
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A. Agricultural sector
B. Rural sector
C. Farm economy
D. All
The activity of buying or selling with the motive of later reselling or re buying for profit is called ?
A. Spillover
B. Speculation
C. Specializing
D. All
A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?
A. Current account
B. Fixed account
C. Saving account
D. Capital account
determinants of demand are some times referred as__________________________?
A. Demand effectors
B. Demand determinants
C. Demand shifters
D. none
In________________ economics we look at desirability of certain aspects of the economy ?
A. Theoretical
B. Positive
C. Normative
D. None
A market situation in which a product that does not have close substitutes is being produced and sold by a single seller?
A. Oligopoly
B. Monopoly
C. Perfect competition
D. None
Situation in which govt. intervention in an economy worsens outcomes__________________?
A. Govt. failure
B. Market perfection
C. Govt. inefficiency
D. None
The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is________________?
A. Trade surplus
B. Trade deficit
C. Trade bloc
D. None
Any financial institution that serves to channel loan able funds savers to borrowers?
A. Financial intermediary
B. IMF
C. Both
D. None
Loans not passed through formal banking system e.g. family loans?
A. Formal finance
B. Informal finance
C. Med term loans
D. Long term loans
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