Development of black market
Increased earning and higher profit
Increase in employment
Increase investment
Redistribution of income
Correct answer is C
No explanation has been provided for this answer.
To finance a deficit balance of payment, a country may decide to
Borrow from abroad
Increase its foreign investment
Privatizes its economy
Reduce domestic consumption
Secure more factor of production
Correct answer is C
No explanation has been provided for this answer.
The per capita income is calculated as
GNP - working age population
GNP - real national income
GNP - total capital expenditure
GNP - dependency ratio
GNP - population
Correct answer is E
No explanation has been provided for this answer.
The theory of income determination is traced to
Rev Thomas Mathus
Lord John Mynard Keynes
Prof Adam Smith
R G Lipsey
Prof Umar SI
Correct answer is B
No explanation has been provided for this answer.
N10
N20
N30
N40
N50
Correct answer is A
Money cost is the cost of acquiring a product or service in available cash. N10 is the money cost.