Prof. Paul Samuelson
Adam Smith
David Ricardo
Rev. Thomas Malthus
Prof. Adetunji Abolade
Correct answer is D
No explanation has been provided for this answer.
The age distribution of a population is NOT influenced by
Birth rates
Death rates
Patterns of immigration
Patterns of emigration
School leaving age
Correct answer is E
No explanation has been provided for this answer.
Optimum population is desirable because it enables an economy to obtain maximum
Per capital income
Per capital output
Per capital real income
Per capital revenue
Growth rate
Correct answer is A
No explanation has been provided for this answer.
The meaning of scale of preference is
Preparing a list of goods and services to be purchased in order of priority
Showing the monthly income
Budget preparation without due regard to proper proirities
Consumer's preference for luxury goods
Consumer's preference for foreign goods
Correct answer is A
No explanation has been provided for this answer.
An economic problem exists whenever
There is scarcity and choice
There are no buyers for our goods
There are too many sellers
Many people are out of work
All raw materials are imported
Correct answer is A
No explanation has been provided for this answer.