What is the ratio of expenditure on health to Agriculture...
A country's budget allocation to various sectors of the economy is shown in the pie chart above...
Use it to answer this question
What is the ratio of expenditure on health to Agriculture if the yearly budget is 7200?
2:3
3:4
4:3
5:4
Correct answer is B
Health = 60/360 x 7200
= 1200
Agriculture = 80/360 x 7200
= 1600
The ratio of expenditure on health to agriculture = 1200/1600
= 3:4
The resources used in production are called ...
When an economy is having a balance of payment surplus the best alternative opened to it is to ...
Population growth can be calculated as ...
As a firm expands, it enjoys some advantages called ...