| Items | Amount ($m) |
| Rents and royalties | 75.00 |
| Company income tax | 150.00 |
| Custom and excise duties | 300.20 |
| personal income tax | 80.00 |
| Fees and fines | 60.00 |
| value added tax | 100.00 |
Use the information to answer the following question
what is the total revenue from indirect tax
what is the total revenue from non tax sources
The table below shows the composition of exports and imports of a hypothetical country. Use the information in the table to answer the questions that follow.
| Exports | Amount $ | Imports | Amounts $ |
| Crude Oil | 120,000,000 | Rice and Flour | 140,000,000 |
| Groundnuts | 40,000,000 | Petroleum Product | 80,000,000 |
| Tourism | 45,000,000 | Vehicles and Accessories | 50,000,000 |
| Shipping & Insurance | 60,000,000 | Banking Services | 60,000,000 |
| Bauxite | 80,000,000 | Freight and Insurance | 40,000,000 |
(a) Calculate the value of visible exports.
(b) Calculate the balance of trade for the country.
(c) List the items of invisible exports and imports.
(d) Calculate the current account balance of the country.
(e) Is the country developed or developing? Give one reason for your answer.
The cost and output schedule of a firm is shown in the table below.
| Output (kg) | 0 | 15 | 35 | 60 | 85 |
| Variable cost ($) | 0 | 30 | 55 | 75 | 90 |
| Total cost ($) | 15 | 45 | 70 | 90 | 105 |
| Total revenue ($) | 0 | 30 | 70 | 120 | 170 |
(a) Using the data in the table, at each level of output, calculate the firm's
(i) marginal revenue
(ii) marginal cost.
(b) At what output level did the firm:
(i) break even
(ii) make the highest profit
(iii) attain equilibrium
(c) Identify the market structure in which the firm operates
(a) Define optimum population.
(b) In what three ways can rapid population growth slow down the rate of economic development?
(c) Describe any three measures that can be adopted to control rapid population growth.
