w economics 18

which of the following activities will not lead to economic growth?

what happens when the central bank increases bank rate in an economy

if the marginal utility of a commodity is equal to its price then

local firms can help in reducing unemployment in a country when?

A market is in equilibrium when?

The largest component of national income in developing countries consist of?

producers operating in a free market economy are more efficient as a resulf of?

which of the following measure can be adopted to stabilize the external value of the local currency?

a downward sloping demand curve means that?

which of the following is true about supply of land?

in the event of bankruptcy owners of joint-stock companies lose?

goods whose demand vary directly with money income are called?

public limited liability companies are democratic in nature because?

A supply curve parallel to the X- axis indicates?

the backward bending supply curve of labour indicates?

in the the longrun, a firm must shut down if its average revenue is?

if the price of commodity X rises and consumers shift to commodity Y, then commodity X and Y are?

which of the following factors is not a reason for farmer's unstable incomes

The International bank for reconstruction and development (IBRD) performs the following functions except?

in order to increase revenue, government should tax commodities for which demand is?

the organisation of productive factors is the reponsibility of the?

Holding money to take care of contigencies is?

Economic problem arise in all society because?

The larger a firm, the lower its cost of production

palm oil and palm kernel are in?

A baker bought flour and other ingredients for $250.00, spent $52.00 on distribution, sold the bread for $320.00. the value added by the baker is?

which of the following forms of economic integration is a member nation free to impose duty against

Nations engage in international trade because of difference in?

positive checks as envisaged by Thamos Malthus can be prevented if

income is redistributed when the rich are progressively taxed and?

one benefit a country can derive from the extraction of crude oil is increase in?

the poorer the country, the larger the percentage of labour force engaged in?

in a country with large population of full-time housewives, national income

if workers at the school canteen sell during the holidays, this is an example of?

A price floor is usually fixed

which of the following is not emphasized in a production possibility curve

A firm average cost decreases in the longrun because?

an exceptional demand curve can result from?

which of the following cannot be classified as a natural resource

wholesalers play an important role in the distribution of goods and services because they?

the stock exchange is an example of the?

if a housewife has meat and tomatoes, she must find someone who wants meat and has tomatoes to give. this concept is described as?

demand pull inflation is likely to be caused by?

one advantage of international trade is that

which of the following is not a measure for reducing balance of payments deficits?

an industry is described as a group of firms

An electrical engineer who is teaching physics in a secondary school is said to be