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.Management Sciences
Category: Agricultural economics
People who are eager and able to work but for whom no suitable jobs are available?
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A. Unemployment
B. Open unemployment
C. Under employment
D. Disguised employment
Failure to achieve full production is called ?
A. Unemployment
B. Under employment
C. Unplanned
D. None
Productive efficiency means___________________?
A. Producing all output combinations in the least costly way
B. Producing the specific output mix most desired by society
C. Producing the desired ones only
D. None
A commercial bank authorized by state govt. to engage in business of banking ?
A. National Bank
B. State Bank
C. Business authorized bank
D. None
An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?
A. Command economy
B. Closed economy
C. Open economy
D. None
Any system that features one price for sellers and another for buyers ?
A. Dual price system
B. Floor pricing
C. Ceiling pricing
D. None
Increasing a country’s stock of real capital (net investment in fixed essels)__________________?
A. Capital accumulation
B. Capital dumping
C. Capital stock
D. None
When price for one and demand for other move in same direction we say them___________________?
A. Complementary
B. Substitutes
C. Supplementary
D. None
Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?
A. Say’s law
B. Keynes theory of supply
C. Law of supply
D. None
Aggregate inequality measures that can vary anywhere from O (perfect equality) to 1 (perfect inequality) are given by________________?
A. Gini co-efficient
B. Rostow’s model
C. Lewis theory
D. None
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