Sppose the public expenditure as a percentage of GDP of f...
Sppose the public expenditure as a percentage of GDP of four countries is shown in the table below
| A | 40% |
| B | 50% |
| C | 33% |
| D | 36% |
Which type of economy exists in these countries?
Traditional
Planned
Pure market
Mixed
Correct answer is D
The economy is mixed with the highest GDP. It constitutes private expenditure as a percentage of GDP.
The last link in the channel of distribution is____________ ...
Production possibilities(alternatives) P Q R S T Units of shelter 5 4 3 2 0 Units of food 0 5 9 1...
Wholesalers are often criticized because they ...
Which of the following are not agents of distribution ...
Long-term funds for investment projects are sourced from the ...
When a country's population is experiencing increasing returns, that country is said to be ...
A firm is said to be a public Joint Stock Company when it ...
The necessity of choice is due to the fact that ...
An inflation which occurs as a result of increase in production cost is known as ...
In a free market economy, the rationing of scarce goods is done principally by ...