Economics can be defined as
...Economics can be defined as
Reduction in spending in the face of competing alternative
Allocation of resources to alternative uses
Economic behaviour of small units like the household and the firm
The study of economic aggregates like inflation and national income
Correct answer is B
No explanation has been provided for this answer.
Population Statistics of a Country. The dependency ratio between 1960 and 1990 is ...
The contribution of petroleum to the economy of nigerian is most prominent in the area of ...
The division of labour requires that the task to be performed ...
An economy in which the whole income is not consumed is referred to as______ ...
The situation whereby in a fiscal year a government’s revenue receipt are less than its expend...
Two basic features common to an industry are ...
If tax takes a large proportion of the income of people with lower income, the tax is ...
In the event of liquidation of a private limited liability company, the shareholders' liability ...