The reward which accrues to labour for participating in production is
Interest
Wage
Bonus
Profit
Correct answer is B
No explanation has been provided for this answer.
The satisfaction derived from the use of a commodity is its
Demand
Elasticity
Wealth
Utility
Correct answer is D
No explanation has been provided for this answer.
The three principal economic unit in any system are
Trade, industry and banking
Workers, consumers and shareholders
Households, firms and governments
Companies, industry and plants
Correct answer is C
No explanation has been provided for this answer.
Oil and Petroleum Exporting Countries
Original Petroleum Exporting Companies
Organization of Petrol Exporting Countries
Organization of Petroleum Exporting Countries
Correct answer is D
No explanation has been provided for this answer.
One of the functions of of the international Monetary Fund (IMF) is to
Devalue the currency of member state
Reduce drastically the size of deficit financing of member states
Giving financial assistance to member states that have temporary balance of payment difficulties
Discourage the rapid industrialization process in the less developed nation of the world
Correct answer is C
No explanation has been provided for this answer.