1.What percentage of children are dependents in the least developed countries?
2.What term is used to describe individuals in society who do not contribute productively?
3.Which of the following best represents the fundamental value of development?
4.Who were the recipients of the Nobel Prize in Economic Sciences in 1979?
5.Which branch of economics examines how power influences economic decision-making?
6.What term describes the amount by which total revenue exceeds total costs?
7.What term describes the repeated rise and fall in economic activity over several years?
8.What term describes the speed at which one country's currency is traded for the currency of another country?
9.What term describes the monetary income a company forgoes when utilizing a resource it owns instead of selling it in the marketplace?
10.Which type of resource cannot be altered in quantity by a business in the short-term?
11.Which form of unemployment describes individuals who are temporarily out of work due to voluntarily switching jobs or short-term layoffs?
12.What do we call a collection of businesses that manufacture the same or closely related products?
13.What term describes a financial obligation or an amount owed by a company or an individual?
14.What is the term for a tax that remains the same regardless of the GDP level?
15.What type of institution is primarily involved in conducting banking activities?
16.What is the term for a table that illustrates the planned expenditures of households on consumer goods across varying levels of disposable income?
17.What type of federal budget deficit results from an economic downturn leading to reduced tax income?
18.What do you call a union that restricts its membership exclusively to workers possessing a specific skill set?
19.Which accounting entry reduces the value of an asset on the books?
20.Which concept describes achieving the socially optimal quantity of goods and services while utilizing the least amount of resources?