Agricultural Economics-Data Intensity 2 Multiple Questions and Answers.
Exercise Questions ::
Agricultural Economics
Published by:Michael Daani
Published by:Michael Daani
3. | The body of knowledge and techniques which can be used to produce goods and service from economic resources is____? |
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| A. | Technology |
| B. | Advanced knowledge |
| C. | Both A & B |
| D. | None of Above |
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Published by:Michael Daani
4. | The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is____? |
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| A. | Trade surplus |
| B. | Trade deficit |
| C. | Trade bloc |
| D. | None of above |
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Published by:Michael Daani
5. | An economic system in which traditions and customs determine how the economy would use its scare resources ? |
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| A. | Traditional economy |
| B. | Mixed economy |
| C. | capitalistic economy |
| D. | Command economy |
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Published by:Michael Daani
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