Which of the following measure will NOT serves as a control during inflation period?
Increase in personal income tax
Increase in bank rate and interest
Increase in government capital expenditure
Reduction in money supply
Reduction in government recurrent expenditure
Correct answer is C
No explanation has been provided for this answer.
The demand for labour in an economy is a depiction of
Competitive demand
Composite demand
Complementary demand
Deductive demand
Derived demand
Correct answer is E
No explanation has been provided for this answer.
One of the function of united nation conference on trade and development (UNTAD) is to
Carry out feasibility study for projects in less developed countries
Increase impact of developed countries over less developed countries
Increase share of less developed countries in world trade
Make goods available in developed countries
Transfer technology from developed to less developed countries
Correct answer is C
No explanation has been provided for this answer.
Government expenditure on universal basic education and subsidy on agriculture are aimed at
Encouraging growth of the economy
Projecting images of government
Re-allocation of resources
Redistribution of income and wealth
Stabilization of the economy
Correct answer is C
No explanation has been provided for this answer.
Disposable income in national income accounting is an income which
Cannot be used again
Is available for consumption and saving
Is a available to disabled people
Must be wasted once and for all
Pensioners receive from the treasury board
Correct answer is B
No explanation has been provided for this answer.