The most frequent occurring value in a given data is the
Mode
Median
Mean
Range
Correct answer is A
No explanation has been provided for this answer.
Economics is best described as the study of
The wealth of nations
How man consume his products
How man provides for his everyday needs
The distribution of wealth
Correct answer is C
No explanation has been provided for this answer.
The main role of the Organization of Petroleum Exporting Countries (OPEC) is
Fixing oil production levels
Ensuring optimum production of oil
Promoting efficiency in the management of oil
Supply oil at affordable rates
Correct answer is A
No explanation has been provided for this answer.
A country is economically rich if
If there is a lot of money in circulation relative to its population
It has a large volume of goods and services relative to its population
It has a large reserve of idle skilled manpower
There is a large amount of reserved mineral resources
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a major barrier to international trade?
Religious differences amongst nations
Uneven distribution of population across the world
Educational imbalace between the developed and developing countries
Ideological differences amongst nations
Correct answer is D
No explanation has been provided for this answer.