Agricultural Economics - Study Mode

[#411] The author of the 'Wealth of Nation' was
Correct Answer

(D) Adam Smith

[#412] Stolper-Samuelsoni theory for LDC's suggests
Correct Answer

(A) Export expansion

[#413] Match the following columns Column I Column II a. All actual expenses in cash and kind incurred in production by owner 1. Cost - B 1 b. Cost - A 1 + rent paid for leased in land 2. Cost - A 1 c. Cost - B 1 + rental value of owned land and rent paid for leased-in land 3. Cost - A 2 d. Cost - B 1 + imputed value of family labour 4. Cost - B 2 5. Cost - C 1
Correct Answer

(D) a-2, b-3, c-4, d-5

[#414] Tangible benefit of project is
Correct Answer

(D) Higher yield level

[#415] In capitalistic farming, the land is owned by
Correct Answer

(C) Government