The basic economics problem of what to produce arises as ...
The basic economics problem of what to produce arises as a result of
Competing demands for scarce resources
Excessive supply
The availability of too many experts
The failure of the price system
The reduction of poverty
Correct answer is A
No explanation has been provided for this answer.
In capitalist economies, questions about what to produce are ultimately answered by ...
Price elasticity of demand or supply measures how responsive ...
Any price below the equilibrium price will lead to ...
Central bank of Nigerian started operation ...
Data presented in a circular chart is known as ...
Which of the following will be an effect of inflation? ...
The PAYE (Pay As You Earn) in Nigeria is an example of ...
The reward to capital as a factor of production is ...
One of the ways of correcting a deficit balance of payments is to ...
The foremost objective of the International Bank of Reconstruction and Development (IBRD) is to ...