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2936
The study of broad economic aggregates is
  • A. Macro economics
  • B. deductive method of economic analysis
  • C. micro economics
  • D. Inductive method of economics analysis
View Answer & Discuss (1) JAMB 2015
2937
Disposable income is total income
  • A. less tax
  • B. divided by tax
  • C. plus tax
  • D. multiplied by tax
View Answer & Discuss JAMB 2015
2938
In which of the following economic systems do we have the means of production and exchange controlled by private individuals
  • A. socialist system
  • B. mixed system
  • C. capitalist system
  • D. traditional system
View Answer & Discuss JAMB 2015
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2939
The situation whereby the government of a country spends more than its budgets for a given financial year is known as
  • A. surplus budget
  • B. deficit budget
  • C. balanced budget
  • D. minus budget
View Answer & Discuss JAMB 2015
2940
The total stock of money available for use in an economy is
  • A. supply of money
  • B. value of money
  • C. demand for money
  • D. attribute of money
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