Agriculture MCQs

2794 MCQs  (Page 13 of 280)

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The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________?
A. Trade surplus
B. Trade deficit
C. Trade off
D. None
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Opportunity cost is illustrated by the___________________?
A. Steep slope
B. Downward slope
C. Positive slope
D. None
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Directing domestic resources to output which a nation is highly efficient at producing is called____________________?
A. International trade
B. Speculation
C. International specialization
D. None
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Any point inside the production possibility curve represents ?
A. Unemployment
B. Failure to achieve productive efficiency
C. Both a. and b.
D. None of these
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A particular set of institutional arrangement and a coordinating mechanism is___________________?
A. Economic system
B. Fascism
C. Mixed system
D. None
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The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?
A. Pure capitalism
B. Iaissez faire capital
C. Both
D. None
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Hitler introduced ?
A. Command economy
B. Traditional economy
C. Mixed economy
D. Authoritarian economy
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__________________provides an overview of the operation of the capitalist system ?
A. Indifference curve
B. Income budget line
C. Circular flow model
D. Says law
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determinants of demand are some times referred as__________________________?
A. Demand effectors
B. Demand determinants
C. Demand shifters
D. None
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A good used together with another good is___________________?
A. Superior good
B. Normal good
C. Complementary good
D. None
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Word of the Day
26 Jul
Simultaneously
at the same time.
ایک ہی وقت میں، ایک ساتھ، بیک وقت

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