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The curve labelled x is the
What type of price elasticity of demand is the diagram above representing?
The pie chart above represents the total population of a school of 1,200. The shaded area of 60º shows the population of the underaged pupils.
What is the population of the matured students?
Which of the following forms of economic integration is a member nation free to impose duty against non-members
Nation engage in external trade because of difference in
Which of the following activities will not lead to economic growth?
The figure above shows change in demand for commodity x which is a normal good. Use it to answer the questions that follows
Which of the following caused the change in demand from D0 D0 to D2 D2?
In order to increase revenue, government should tax commodities for which demand is
What happens when the central bank increases the bank rate in an economy
The stock exchange is an example of the
If a housewife has meat and wants tomatoes, she must find someone who has tomatoes to give and wants meat. This concept is described as
Holding money to take care of contingencies is
Demand-pull inflation is likely to be caused by
In a country with large population of full-time house wives, national income
A baker bought flour and other ingredients for S250.00, spent S52.00 on distribution, sold the bread for S320.00. The value added by the baker.
The largest component of national income in developing countries consist of
Local firms can help in reducing unemployment in a country when
Which of the following factors is not a reason for farmers' unstable incomes?
Positive check as envisaged by Thomas Malthus can be prevented if
If workers at the school canteen cannot sell during the holidays, this is example of