A. a reduction in the size of the population B. an increase in the income of the buyer C. the…
A. higher inflation B. higher unemployment C. lower profits for industries D. lower importation of raw materials by industries Correct…
A. price inelastic B. abnormal in nature C. price elastic D. normal in nature Correct Answer: Option A A. price…
A. the issuing of cheques B. the payment of standing order C. lending money to borrowers D. accepting cheques from…
A. money supply B. transfer payments C. ordinary shares D. treasury bills Correct Answer: Option A A. money supply
A. 9 B. 8 C. 6 D. 5 Correct Answer: Option B B. 8
A. frequency B. mean C. median D. mode Correct Answer: Option B B. mean
A. Capitalist system B. Socialist system C. Mixed system D. Traditional system Correct Answer: Option A A. Capitalist system
A. personal services B. indirect services C. social services D. reflex services Correct Answer: Option B B. indirect services
A. bottled water B. air C. household utensils D. shelter Correct Answer: Option B C. household utensils