Inflation can be curbed by ______
Deficit budget
Paying higher wages
Increased aggregate demand
Reducing aggregate demand
Correct answer is D
No explanation has been provided for this answer.
Which of these is not a cause of high population growth in Nigeria?
Improved hygiene
Reduction in death rate
Family planning unit of Nigeria
Increased birth rate
Correct answer is C
No explanation has been provided for this answer.
An economic problem arises when________
Sellers are few
Scarcity and choices are involved
Buyers are many
Money is in short supply
Correct answer is B
No explanation has been provided for this answer.
Scarce
Normal
Superior
Inferior
Correct answer is D
No explanation has been provided for this answer.
In a free market economy. the rationing of scarce goods is done principally by_______
Consumers
The government
The price mechanism
All of the above
Correct answer is A
No explanation has been provided for this answer.