economics

Taxes and government expenditures are instruments of _________?

A. Monetary policy B. Tax policy C. Economic policy D. Fiscal policy Correct Answer: Option D - Fiscal policy Explanation…

5 years ago

The full meaning of NAPEP is?

A. National Poverty Eradication Programme B. National Agency for Poverty and Education Program C. National Air Pollution and Environmental Purification…

5 years ago

The expression of cost in terms of alternative forgone is referred to as?

A. Scarce resources B. Decision making C. Opportunity cost D. Choice Correct Answer: Option C - Opportunity cost Explanation Opportunity…

5 years ago

The reduction in the value of a country’s currency in relation to the value of the currencies of other nation is known as _________?

A. Deflation B. Inflation C. Devaluation D. Revaluation Correct Answer: Option C - Devaluation Explanation Devaluation is the official reduction…

5 years ago

A  capital market differs from the money market in that in the former ________?

A. The percentage of interest charged is more B. Loan sought is long term C. Loan repayment is guaranteed D.…

5 years ago

An economy in which both the public and private sectors contribute to economic growth is a _______?

A. socialist economy B. feudal economy C. mixed economy D. capitalist economy Correct Answer: Option C - mixed economy

5 years ago

The transfer of public share holding in corporations to private enterprise is ________?

A. Incorporation B. Concession C. Privatization D. Commercialization Correct Answer: Option C - Privatization

5 years ago

The labour force of a country is determined by the _________?

A. geographical distribution of the population B. age structure of the population C. number of people available for work D.…

5 years ago

An ad valorem tax is imposed on _____?

A. Exports B. Imports C. The Value of a Commodity D. Special Commodities Correct Answer: Option C - The Value…

5 years ago

From the diagram shown; the optional point of production is _________?

A. R B. T C. S D. U Correct Answer: Option C = S

5 years ago