A. Inflation
B. Dearnen
C. Both
D. None
Agriculture Mcqs
A curve showing the distribution of income in an economy……………….?
A. Lorenz curve
B. Indifference curve
C. Income budget line
D. Investment damage curve
A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?
A. IMF
B. Islamic Bank
C. Commercial bank
D. None
A legal entry chartered by a state or the federal govt. which is district and separate from the individuals who own it ?
A. Co-operative
B. Partnership
C. Corporation
D. None
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
A type of unemployment caused by insufficient total spending……………….?
A. Under employment
B. Underdevelopment
C. Cyclical unemployment
D. None
An accounting item which increase the value of an asset……………….?
A. Debit
B. Credit
C. Loan
D. None
A simplified picture of economic reality, an abstract generalization ?
A. Economic theory
B. Economic principle
C. Economic model
D. None
Cooperation among unification of the economies of different nations is termed as…………………?
A. Economic Bloc
B. Economic integration
C. Economic union
D. none
An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?
A. Declining industry
B. Decreasing cost industry
C. Both
D. None