A. Cetris peribus stands for__________________?
A. Cetris peribus stands for__________________? B. Let it beC. All else being equal D. Same as given before E. None
A. Cetris peribus stands for__________________? B. Let it beC. All else being equal D. Same as given before E. None
Advantage that occurs to individual or society as a whole as a result of increase in the consumption of certain types of goods or services by other individuals ? A. Consumption economics B. Consumption functionC. Consumption surplus D. Consumer demand
Excess utility over price derived by the consumers because of negative slog demand curve ? A. Producer surplus B. Consumer surplus C. Marginal utility D. Demand surplus
A ratio that shows the unit of capital required to produce a unit of output over a given period of time? A. Capital input ratio B. Capital output ratio C. Capital intensive ratio D. None
Transfer of funds to a foreign country by a local citizen by business ? A. Dumg B. Anti dumgC. Capital flight D. Brain
Major financial institution responsible for issuing currency, managing foreign reserves implementing monetary policy and providing banking service to the govt. and commercial banks ? A. Central BankB. State Bank C. Both D. None
Increasing a country’s stock of real capital (net investment in fixed essels)__________________? A. Capital accumulation B. Capital dumg C. Capital stock D. None
The emigration of highly skilled and educated professionals and technical man power from develog to developed countries? A. Capital flight B. ImmigrationC. Brain Drain D. All
A term used by ILO to describe the basic goods and services necessary for a minimum standard of living ? A. Basic needs B. Poverty line C. Gini co-efficient D. None
A summary statement of a nations financial transactions with the outside world ? A. Balance of payments B. Trade off C. Both a and b D. None