In the balance of payments of a country, tourism is classified under
Capital account
Invisible trade
Merchandise trade
Official reserves
Correct answer is B
No explanation has been provided for this answer.
Trade between two countries is known as
Bilateral trade
Bilateria trade
Multilateral trade
Internal trade
Correct answer is A
No explanation has been provided for this answer.
All economic systems must decide what to produce because
Resources are not available
Consumers want maximum satisfaction
Resources are limited in supply
Producers want maximum profit
Correct answer is C
No explanation has been provided for this answer.
Commission
Profits
Fixed interest
Quasi-rent
Correct answer is C
A debenture pays a regular interest rate or coupon rate return to investors. Payment of interest is made to the debenture holder at a specified rate and at clearly defined intervals.
Which of the following statements about waves in pipes is correct?
for open pipes, there is only one end correction to be accounted for
for closed pipes, there are two end corrections to be accounted for
only odd harmonics are possible in closed pipes
all harmonics are possible in closed pipes
Correct answer is C
No explanation has been provided for this answer.