Producers are free to determine their prices
Market forces are allowed to determine prices
Non-restriction of international trade
Goods are to be sold free of charge
People are free to buy in foreign countries
Correct answer is C
No explanation has been provided for this answer.
The unemployment associated with decrease in demand is referred to as
Disguised
Imposed
Cyclical
Voluntary
Functional
Correct answer is C
No explanation has been provided for this answer.
When the government imposes a unit tax on a commodity with perfectly inelastic demand, the
Tax is borne entirley by the seller
Tax is shared equally between the buyer and the seller
Seller bears 70% and the consumer bears 30% of the tax
Tax is borne entirely by the consumer
Tax is borne by nobody
Correct answer is D
No explanation has been provided for this answer.
Amount of natural resources
Improvement in banking services
Size of the population
Quality of human resources
Improvement in government fiscal policies
Correct answer is A
No explanation has been provided for this answer.
An avenue for expressing national prestige
Services at a cheaper cost
Socially necessary facilities
Services which are natural monopolizes
Employment opportunities
Correct answer is A
No explanation has been provided for this answer.