Given a base year and the price index of 175% the followi...
Given a base year and the price index of 175% the following year, which of the following year will arise?
The cost of living decreases of that year
The cost of living remains unchanged
The value of money rises by 75%
The value of money falls by 75%
Correct answer is A
No explanation has been provided for this answer.
The lender of last resort in the banking system is the ...
A change in supply is best described as a ...
What happens when a minimum price is imposed in a market? ...
X, Y and Z are the only three consumers of a commodity. Their respective demand schedules for ...
The export of West African countries are mostly composed of ...
The main objective of setting up a private business organization is to ...
A rational consumer will adjust his spending pattern so that ...
An aspect of taxation that involves normative economics is the ...