A. land and entrepreneur B. abundance of natural resources C. level of human capital D. technical progress and related factors…
A. Wages and salaries of public servants B. Student's grants and scholarships C. Profits of companies D. Income earned by…
A. consumer income B. the price of goods C. consumers taste D. the price of other goods E. population Correct…
A. Production B. Exchange C. Hoarding D. Distribution E. Investment Correct Answer: Option D - Distribution
A. a reduction in the value of the National currency B. a reduction in the purchasing power of the foreign…
A. the Central Banks purchases and sells securities B. Commercial Banks purchases and sells securities C. business firms buy raw…
A. rate of interest B. general price level C. quantity of money in circulation D. level of economic development E.…
A. Sole proprietorships B. Limited liability companies C. Co-operative societies D. Statutory corporations Correct Answer: Option D - Statutory corporations
A. is a free gift of nature B. constitutes one-third of the entire world C. has different grades D. is…
A. devaluation B. inflation C. deflation D. demonetization E. over-valuation Correct Answer: Option B - inflation