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The relationship between tax rate and income which is relevant to a proportional tax is depicted by?
The relationship between the tax rate and income which is relevant to progressive tax is shown by?
Which of the following is likely to be inflationary
Which of the following rewards is associated with entrepreneurship
The law of diminishing marginal utility indicates that if a consumer increases his consumption of a commodity continously
In economic life, the choice among alternatives depends on the?
Efficiency in production means?
Collectivism refers to the management of state enterprises in a?
The group of unemployed members of a community who are physically handicapped or disable, is generally classified under unemployment as?
If aggregate income is N500.00 and aggregate consumption is N400.00, this means that the average propensity to consume is?
In order to raise more revenue for a certain period, the government should impose higher taxes on goods whose demand
A budget with a projected revenue in excess of its expenditure is said to be?
What form of market is found in an imperfect competition where there are few buyers and many sellers
Which of the following is used by the central bank to control the rate of interest
To control inflation, the monetary authorities of a country can
The Nigerian bank for commerce and industry is?
A major factor affecting the value of money is the?
Which of the following is an example of an invisible item on the balance of payments account
Economics is often described as a social science because?
Scarcity in economics means?