ABU Economics 2019/2020 Past Questions

Consumers are referred to as "the king" in which of these economic systems?

The major employer of labour in developing countries is the

The organization of productive factors is a responsibility of the

The demand of a commodity is affect by

A normal supply curve has a positive slope which indicates that

A normal demand curve slopes

Devaluation of the country’s currency is as a result of

Assuming the total population is 100 million. the civilian labor force is 50 million, and 47 million workers are employed, the unemployment rate is:

Which of the following is used by a rational consumer when making economic decisions?