Examlex

Solved

Which of the Following Countries Has the Smallest Percentage of Its

question 58

Multiple Choice

Which of the following countries has the smallest percentage of its labor force employed in agriculture?

Learn the conditions under which data can have zero variability.
Comprehend the combined use of measures of central tendency and variability in describing data.
Differentiate between exclusive and inclusive ranges and their applications.
Understand why deviations from the mean are squared in standard deviation calculation.

Definitions:

Diminishing Returns

A principle stating that as an additional unit of a factor of production is added, while other factors are held constant, the incremental increase in output will eventually decrease.

Nonreproducible

Refers to goods or assets that cannot be exactly replicated or duplicated, often due to uniqueness or specific characteristics.

Single-Tax Movement

The political efforts by followers of Henry George (1839–1897) to impose a single tax on the value of land and eliminate all other taxes.

Land Rent

The payment made for the use of land, typically reflecting the location's value and potential productivity.

Related Questions