A. the consumption of consumer goods B. early marriage C. the importation of more consumer goods D. savings and investment…
A. monetary policy B. government policy C. income policy D. fiscal policy Correct Answer: Option D D. fiscal policy Explanation…
A. excise duty B. ad valorem tax C. specific tax D. capital gain tax Correct Answer: Option D D. capital…
A. is a lender of last resort B. accepts deposits from the public C. services the public debt D. regulates…
A. a standard of differed payment B. stable in value C. store of value D. acceptance by the central bank…
A. size of workers B. general price C. total level of savings D. total amount of loans granted by the…
A. inflation B. deflation C. revaluation D. monetization Correct Answer: Option A A. inflation Explanation Inflation is the rate at…
A. measure output at factor cost B. avoid multiple counting of output C. deduct depreciation of capital assets D. add…
A. dividends B. rent C. pensions D. interest Correct Answer: Option C C. pensions Explanation Examples of transfer payments include…
A. extent of the division of labour B. external economies C. internal economies D. nearness to financial institution Correct Answer:…