A. unitarily elastic B. perfectly elastic C. perfectly inelastic D. fairly inelastic Correct Answer: Option C - perfectly inelastic Explanation…
A. structurally unemployed B. frictionally unemployed C. seasonally unemployed D. cyclically unemployed Correct Answer: Option B - frictionally unemployed Explanation…
A. an increase in the rate of productivity B. the rising cost of capital accumulation C. a contraction of employment…
A. the prevailing exchange rate B. marginal efficiency of capital C. the risk associated with the loan D. the prevailing…
A. eliminating trade restrictions among states B. encouraging transport and communication development C. guaranteeing a steady flow of foreign investment…
A. government spending B. interest rate C. income tax D. tariff Correct Answer: Option C - income tax Explanation An…
A. increase its spending with foreign reserve B. sell its own currency C. reduce interest rate D. buy its currency…
A. decrease in the population B. decrease in job opportunities C. increase in population D. increase in dependency ratio Correct…
A. establishing more tertiary institutions B. creating sufficient job opportunities C. encouraging the study of science and technology D. establishing…
A. difficulty in the transfer of shares B. distrust among members C. limited liability D. large capital outlay Correct Answer:…