Occupational distribution of population is mainly influenced by
Economic factors
Religious factors
Geographical factors
Social factors
Correct answer is A
No explanation has been provided for this answer.
Government revenue will increase if tax is imposed on a good whose demand is
Elastic
Inelastic
Unitary elastic
Perfectly elastic
Correct answer is B
No explanation has been provided for this answer.
The creation of utility can be referred to as
Value added
Profit maximization
Entrepreneurship
Production
Correct answer is D
No explanation has been provided for this answer.
The reduction in the value of a country's currency of other nations is known as
Deflation
Devaluation
Inflation
Revaluation
Correct answer is B
No explanation has been provided for this answer.
A form of tax in which the poor pay a higher rate than the rich is known as
Regressive tax
Backward tax
Oppressive tax
Retrogressive tax
Correct answer is A
No explanation has been provided for this answer.