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Agricultural economics

The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?

A. Development
B. Economic growth
C. Economic integration
D. All

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Income that is available to house holds for spending and saving after personal, income taxes have been deducted ?

A. Saving
B. Disposable income
C. Net income
D. All

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The increasing integration of national economies into expanding international market ?

A. Randomization
B. Globalization
C. Economic integration
D. None

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Any financial institution that serves to channel loan able funds savers to borrowers?

A. Financial intermediary
B. IMF
C. Both
D. None

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The sum of interest payments and repayment of principal on external public and public ally guarantee debt?

A. Debt repudiation
B. Debt renegotiation
C. Debt service
D. Debt rescheduling

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Group of LDC debtors who join together to bargain as a group with creditors?

A. Debtor’s cartel
B. Economic union
C. Debtor’s commune
D. None

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All seem fully employed but in reality much of their time is spent in unproductive activities?

A. Disguised underemployment
B. Underemployment
C. Closed underemployment
D. None

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The study of how economies are transformed from stagnation to growth and from low income to higher income status?

A. Econometrics
B. Development economics
C. Development plan
D. All

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An economic plan that sets targets to cover all the major sectors of the national economy?

A. Centralized plan
B. Comprehensive plan
C. Commune
D. None

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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

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