Economics can be defined as
...Economics can be defined as
Reduction in spending in the face of competing alternative
Allocation of resources to alternative uses
Economic behaviour of small units like the household and the firm
The study of economic aggregates like inflation and national income
Correct answer is B
No explanation has been provided for this answer.
One of the function of money is ...
Which of the following is not a direct tax? ...
What is the market equilibrium price? ...
The role of the Central Bank in the economic development of Nigeria is to ...
If the demand curve facing a firm is sharply downward-sloping, the firm is likely to be ...
Which of the following is NOT among the financial institutions in Nigeria? ...
A rightward shift in the supply curve of a commodity is brought about by an increase in ...
Which of these is NOT a basic economic problem of society? ...
Which of the following factors will NOT affect supply of maize in Nigeria? ...