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When an economy is having a balance of payment surplus the best alternative opened to it is to
Which of the following is NOT a feature of capitalism?
The contribution of petroleum to the economy of Nigerian is most prominent in the area of
From the diagram below, moving from point A to B and from B to c is due to
The following are type of business organization EXCEPT
What is the median term in the distribution below; 14, 13 29,15,13,17,12.
A firm's average cost decreases in the long-run because of
If government in a fiscal year has its revenue receipts less than the expenditure, such country is having
The main disadvantages of deflationary policies is
In the event of bankruptcy, owners of joint-stock companies lose
The act of cultivating land and rearing of animal for man's use is
In the long-run, a firm must shut down if its average revenue is
Holding money to take care of contingencies is
The largest component of national income in developing countries consist of
In income determination theory, acceleration principles shows that
Producers operating in a free market economy are more efficient as a result of
MPC + MPS equals
A market situation with few sellers and many buyers is called
Which of the following NOT among the objectives of OPEC?
Which of the following is not emphasized in a product possibility curve?