Excess of total revenue over total costs_______________?

A. Producer surplus
B. Scarcity rent
C. Both
D. None

The role of power in economic decision making is studied in________________?

A. Development economics
B. Traditional economics
C. Political economics
D. None of these

Noble prize of Economics in 1979 was awarded to________________?

A. W. arthur lewis
B. Theodore schultz
C. Both a and b
D. None

The core value of development is________________?

A. Sustenance
B. Self esteem
C. Freedom
D. All

Nonproductive members of society are referred to as___________________?

A. Society wastes
B. Society burden
C. Economic dependency burden
D. None of these

In least developed nations dependent children are__________________?

A. 60 %
B. 90 %
C. 50 %
D. 70 %

In LDC children under age of 15 years are ___________% of the total population?

A. 40 %
B. 50 %
C. 80 %
D. None

Rural based population in developed countries___________________?

A. 42 %
B. 27 %
C. 50 %
D. 35 %

Agriculture contribution in GNP of developing nations?

A. 20 %
B. 35 %
C. 50 %
D. 14 %

Urban population is developed nations?

A. 74 %
B. 80 %
C. 67 %
D. None