The situation whereby government revenue is less than government expenditure is referred to as
Budget deficit
Balanced budget
Budget surplus
Budget statement
Unfavourable budget
Correct answer is A
No explanation has been provided for this answer.
The industrialization of a country
The concentration of the firm of an industry in a particular area
The location of a firm at a particular locality
The economic development of a locality
Government intervention in the location of industries
Correct answer is B
No explanation has been provided for this answer.
A stock exchange is a market that
Deals with the exchange of commodities
Deals with purchase and sales of securities
Exchanges stockfish for lady fish
Exchanges treasury bills for bills of exchange
Sells foreign exchange
Correct answer is B
No explanation has been provided for this answer.
Farm produce are graded, packed and distributed by
Purchasing cooperatives
Agricultural cooperative banks
Consumer cooperative society
Marketing cooperatives
Wholesale cooperatives
Correct answer is D
No explanation has been provided for this answer.
If the price of product K declines , the demand curve for the complementary product J will
Remain unchanged
Shift to the right
Decrease
Shift to the left
Slopes upwards
Correct answer is D
No explanation has been provided for this answer.