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Economics Mcqs — Test 18

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Question 1
Suppose a project results in a net stream of $200 per year for 4 years, but nothing thereafter, Assume that the discount rate is 5 percent. The discounted value of the total income stream over the 4-year period is ?
Question 2
Which of the following is not a nature public monopoly ?
Question 3
A case when internal economies of scale bring about a continuously falling average cost curve that makes having more than one firm in an industry inefficient is illustrative of ?
Question 4
In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?
Question 5
In low-income countries the average agricultural family produces a surplus ?
Question 6
What is the ratio of population density of developing countries to the population of developed countries ?
Question 7
Dual economies are countries ?
Question 8
A dual economy is distinguished from other economies by having ?
Question 9
Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?
Question 10
James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ?