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Economics NECO - Erudites Academy
The per capita income is calculated as?

The theory of income determination is traced to?

A. Rev Thomas Mathus B. Lord John Mynard Keynes C. Prof Adam Smith D. R G Lipsey E. Prof Umar SI Correct Answer: Option B – Lord John Mynard Keynes Explanation: The theory of determination of national income is concerned with finding out the equilibrium level of...
The per capita income is calculated as?

Price legislation means?

A. directing market specialist to fix prices B. interplay of either demand or supply C. producers are prices givers D. regulating the price system by the government E. the use of market forces Correct Answer: Option A – directing market specialist to fix...

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