For two substitution goods, the cross elastic of demand is
Greater than one but less than two
Zero
Negative
Positive
Infinity
Correct answer is D
No explanation has been provided for this answer.
Percentage change in the quantity of X divided by the percentage change in the price of Y
Percentage change in the quantity of X divided by change in the price of Y
Change in the quantity of X divided by change in the price of Y
Percentage change in the quantity of X divided by the price Y
Percentage change in the price of X divided by percentage change in the quantity of Y
Correct answer is A
No explanation has been provided for this answer.
Dependent population
Maximum population
Active population
Productive population
Optimum population
Correct answer is E
No explanation has been provided for this answer.
Which of the following is NOT a determinant of the size economically active population
Age structure
Occupation of workers
Proportion of men to women
Average length of the working day
Efficiency of the labour force
Correct answer is B
No explanation has been provided for this answer.
An aging population refers to the preponderance of
Middle-aged people in the population
Young people in the population
Women in the the population
Old men in the population
Old people in the population
Correct answer is E
No explanation has been provided for this answer.