A. current account transaction B. capital account transaction C. balance of trade account transaction D. invisible balance account transaction Correct…
A. his marginal utility is equal to zero B. he can equate his demand with price C. he equates marginal…
A. Construction industry B. Processing industry C. Mining industry D. Service industry Correct Answer: Option C - Mining industry Explanation…
A. money transferred to another country B. transfer of funds from one bank to another C. unemployment allowance paid to…
A. 2.00 B. 0.50 C. 0.65 D. 2.50 Correct Answer: Option A Explanation e = ∆Qd/∆P x P/Qd =…
A. break the monopolies of private companies B. encourage thrift and credit among members C. assist producers to maximize their…
A. the size of the population B. price of the commodity C. income distribution D. taste and fashion Correct Answer:…
A. is vertical B. is horizontal C. slopes downward D. slopes upward Correct Answer: Option B - is horizontal Explanation…
A. Increase in variable inputs B. constant technology C. Land fragmentation D. Technological innovations Correct Answer: Option D - Technological…
A. net factor income B. net indirect taxes C. net national product D. net present value Correct Answer: Option C…