Which of the following will have a more destabilizing eff...
Which of the following will have a more destabilizing effect on the economy?
A tax on the price of vehicle
A tax on petrol
A decrease in the supply of vehicle
Moderate increase in wages
Correct answer is B
Petrol products are used for a number of things including, powering generator plants used by businesses and firms, fueling of vehicles for commercial and personal use, etc.
An increase in the price of petrol will lead to an increase in the general prices of goods and services, thereby, causing a distortion in economic growth.
A country may be able to earn more from exports if she_____________ ...
Which of the following is NOT a characteristic of perfect competition? ...
At the consumer equilibrium, the slope of the indifference curve is ...
The largest liability appearing in the book of a commercial bank is ...
The aim of indigenization policy was to ...
Public limited liability companies are owned by__________? ...