If national income rises by 6% and population rises by 3%...
If national income rises by 6% and population rises by 3%, per capita income will
Rise by 6 percent
Fall by 3 percent
Fall by 6 percent
Rise by 3 percent
Correct answer is D
No explanation has been provided for this answer.
Income elasticity of demand is measurement of the responsiveness of ...
Which of the following will shift the demand curve for Milo to the right? ...
Economic development is define as ...
Which of the following is a characteristic of private enterprises? ...
The following are types of monopolies EXCEPT ...
If the marginal utility of a commodity is equal to its price then ...
Which of the following is NOT a character of perfect competition? ...
To compare the standard of living among nations, the most widely used economic indicator is the ...