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.Management Sciences
Category: Agricultural economics
Total consumption deducted from total income is called__________________?
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A. Net income
B. Gross income
C. Saving
D. None of these
“Economics is the study of causes of material welfare” was defined by___________________?
A. Adam Smith
B. Marshall
C. Robins
D. Marks
The households and the business firms of the economy are called__________________?
A. Public sector
B. Ptivate sector
C. Govt sector
D. None
Year number of deaths per 1,000 population is called?
A. Crude mortality rate
B. Death rates
C. Both
D. None
An agreement among sellers of a commodity to set a common price or share their commodity market?
A. Oligopoly
B. Monopoly
C. collusion
D. All
From of central bank that issues domestic currency for foreign exchange at fixed rates ?
A. Stock exchange
B. Currency board
C. State Bank
D. Commercial Bank
Technologies that by design produce less waste and use resources more efficiently ?
A. Clean technologies
B. Efficient technology
C. Productive technology
D. Innovative technology
Commodities whose demand varies directly with money income are called______________________?
A. Superior or normal goods
B. Complementary goods
C. Substitutes
D. None
Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?
A. Money supply
B. Money lender
C. National income
D. None
The absence of artificial barriers to trade among individuals and firms in different nations ?
A. Free trade
B. Free economy
C. Trade union
D. None
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