If the current price of an apple is twice that of last ye...
If the current price of an apple is twice that of last year, it implies that the value of money is
Stable
Falling
Rising
Getting stronger
Correct answer is B
If the price of the apple was 100 in year 1, and by year 2 it increased to 200. It means the value of the money is falling. The value of money is determined by how much goods it can buy.
For a supply curve, an increase in the price of a commodity will result in ...
Public expenditure on on education and health is known as expenditure on ...
Industry can be defined as ...
The problem of small markets in West Africa can be solved through ...
Which of the following is an implication of a large population? ...
Scale of preference is important for the following reasons except in ...