Question: An agreement among sellers of a commodity to set a common price or share their commodity market?

• 1. Oligopoly
• 2. Monopoly
• 3. collusion
• 4. All

Question: An economic plan that sets targets to cover all the major sectors of the national economy?

• 1. Centralized plan
• 2. Comprehensive plan
• 3. Commune
• 4. None

Question: The study of how economies are transformed from stagnation to growth and from low income to higher income status?

• 1. Econometrics
• 2. Development economics
• 3. Development plan
• 4. All

Question: All seem fully employed but in reality much of their time is spent in unproductive activities?

• 1. Disguised underemployment
• 2. Underemployment
• 3. Closed underemployment
• 4. None

Question: Group of LDC debtors who join together to bargain as a group with creditors?

• 1. Debtor’s cartel
• 2. Economic union
• 3. Debtor’s commune
• 4. None

Question: The sum of interest payments and repayment of principal on external public and public ally guarantee debt?

• 1. Debt repudiation
• 2. Debt renegotiation
• 3. Debt service
• 4. Debt rescheduling

Question: Any financial institution that serves to channel loan able funds savers to borrowers?

• 1. Financial intermediary
• 2. IMF
• 3. Both
• 4. None

Question: The increasing integration of national economies into expanding international market ?

• 1. Randomization
• 2. Globalization
• 3. Economic integration
• 4. None

Question: Income that is available to house holds for spending and saving after personal, income taxes have been deducted ?

• 1. Saving
• 2. Disposable income
• 3. Net income
• 4. All

Question: The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?

• 1. Development
• 2. Economic growth
• 3. Economic integration
• 4. All