A. 20.9
B. 21.5
C. 19.8
D. 18.5
Agricultural economics
An index measuring national socioeconomic development based on measures of life expectancy at birth, educational attainment and adjusted per capital income ?
A. Human development index
B. Human poverty index
C. Headcount index
D. None
The currency of a major industrial country, such as the U.S dollar……………….?
A. Main currency
B. Hard currency
C. Stable currency
D. None
The responsiveness of the quantity demand of a commodity to change in the consumer’s income, measured by the proportionate change in quantity divided by the proportionate change in income ?
A. Elasticity of demand
B. Import substitution
C. Income elasticity of demand
D. None
The implicit change in real income resulting from the effects of a change in a commodity’s price on quantity demand?
A. Income effect
B. Substitution effect
C. Labour effect
D. All
The annual amount that a borrower must pay a lender over an above the total borrowed ?
A. Interest
B. Loan
C. Interest rated
D. None
The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?
A. Formal sector
B. Informal sector
C. Formal finance
D. Informal finance
Any system that features one price for sellers and another for buyers ?
A. Dual price system
B. Floor pricing
C. Ceiling pricing
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
Activities of central bank designed to influence financial variables such as money supply and interest rates?
A. Fiscal policy
B. Economic policy
C. Monitory policy
D. None