Which of the following is NOT one of the characteristics of developing countries?
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2023
Given the table demonstrating the law of diminishing marginal utility below, what is the value of X?No. of oranges ConsumedTotal UtilityAverage UtilityMarginal Utility 1 9 9 - 2…
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2023
Economics is often described as a science because it
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2023
Which of the following must be true to have a closed economy with no government, and yet the value of the investmet multiplier still increase?
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2023
Overpopulation is caused by
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2023
The diagram above represent
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2023
The number of people who are qualified to work and who offered themselves for employment are called
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2023
Which of the following will cause an increase in cost of production?
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2023
Institutions serving as links between surplus and deficit units can be identified as
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2023
------------- is NOT the cause of balance of payments (BOP) deficits in Nigeria
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2023
In a two by two model of international trade, it is assumed that
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2023
Which one of the following measures the natural growth rate of population?
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2023
Multiplier can be described as
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2023
Which of the following shows why individual demand curve for a good usually slopes downward from left to right?
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2023
Agriculture accounts for about 60% of the
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2023
When a kilogram of carrot is #8.00, 20 kilograms are demanded and when the price decreased to #6.000 per kilogram, 30 kilograms are demanded. The elasticity of demand equals to
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2023
Calculate the equilibrium level of national income (Y) where Y = C + I + G; C = 100 + 0.75Y; I = 50; G = 200
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2023
From the graph above, the consumer is at equilibrium at point
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2023
All of the following describes conditions necessary for existence of a perfect market EXCEPT
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2023
If the supply curve of labour market is given as S = 4L + 8. What is L when s = 20?