0.20
0.80
1.25
2.00
Correct answer is B
No explanation has been provided for this answer.
The Malthusian theory of population predicts that growth in food production will
Keep pace with population growth
Be at a faster rate than population growth
Be at a slower rate tthan population growth
Be more rapid than population growth in the developing countries
Correct answer is C
No explanation has been provided for this answer.
Deficit financing is mostly facilitated by the existence of
Stock exchange market
Commercial bank
Central bank
Capital market
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a good example of invisible item on balance of payments account?
Shipping and aviation
Export and imports
Merchandise
Bullion
Correct answer is A
No explanation has been provided for this answer.
When a nation is experiencing balance of payment surplus, it is in a better position to
Increase its foreign exchange reserves
Increase its liabilities to foreigners
Reduce its foreign exchange reserves
Devalue its national currency
Correct answer is A
No explanation has been provided for this answer.