The New Economic Pollcy (1971-1990) main objectives are eradication of poverty and A. building a resilient nation. B. enhancing competitiveness. C. restructuring of society. D. sustaining high economic growth.

Q: Cuba dictates and decides most of the economic decisions. Identify the type of economic system in…

A: A command economy is defined as an economy where the government or the central planners own and…

Q: What economic problem is shown in the graph provided?    a. Recession b. Inflation c. Economic…

A: Aggregate demand (AD) is the overall demand of goods and services by an economy in a period of time.…

Q: During the colonization era, the economic activity focus on a. Agriculture, mining and services and…

A: During colonization Era the economic activity focus on trade, agriculture and human capital because…

Q: 1. Introduction of human activities. 2. Problems of human activities. 3. Scope of human activities.

A: 1) Economic and non-economic activities are two types of human activity.All products and services…

Q: The four factors of production that produce economic activity are ______. a. Corporations, small…

A: Factor of production refers to the inputs needed for the creation of commodity or services

Q: 8. The final stage of the demographic transition is marked by a. high birthrates and high death…

A: The birth rate signifies the number of offspring born in population during a span of time. It is…

Q: vestments in human capital include all the following except A. attending college. B. saving money…

A: The human capital refers to the increase in human productivity and skills. Investment in education…

Q: Identify the type of economic system. Enumerate one advantage and disadvantage per…

A: Income inequality is how income is distributed unevenly through a society. The lower the…

Q: 17. The Human Development Report (HDR) published by UNDP compares countries based on literacy rate,…

A: The Humans Development Report is the report in which UNDP records some specfiic parameters of…

Q: Match the definitions on the left with their correct terms on the left. an economic system in which…

A: There are many kinds of economy where the economic decisions are taken by the different entities and…

Q: The demographic transition refers to: a.  The increase in fertility rates and the number of…

A: Fertility rates are an importan population measure that determines the number of children that women…

Q: 2. Calculate the social welfare loss due to following conditions. profit-maximising monopoly pricing…

A: Price charged for good P=$10 The value of output at MR=MC is Q=100 units  and marginal revenue =$5…

Q: . What metrics can help analyze the economic environment of a country?

A: Economic environment The phrase "economic environment" relates to all the exterior economic elements…

Q: List and analyse the main economic and social indicators of Nigeria. You may compare your Nigeria to…

A: Economic indicators are statistics that tell us how well an economy is doing. These metrics are…

Q: There are positive and negative consequences to using real GDP per capita in an analysis.…

A: The value of all goods and services generated by an economy in a given year (expressed in base-year…

Q: Human capital is

A: Human capital is one of the important resources of many countries. Increase in human capital will…

Q: Friedrich Hayek advocated for an economic system based on: O A. sharing the profits from all…

A: Friedrich Hayek was primarily known for his contribution to the field of political psychology and…

Q: 22. Define the following: Per capita Income Monetary Policy World Bank International Monetary…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: 28. Country A has a GDP-per-capita of $500, and Country B has a GDP-per-capita of $75,000. Which of…

A: Exception is “Country B has lower productivity” Higher GDP per capital denotes higher standards of…

Q: How does socio-cultrual environment affect business decision-making I Give a brief social culture.…

A: The collective beliefs, practises, and behaviours of a society make up its social environment. When…

Q: conomic Development does not include or tackle   a. schemes of taxation. b. a firm's costs options.…

A: Economic development is the process of creating wealth for the benefit of the community. It's more…

Q: The shortage of resources to satisfy all human wants is known as __________. a. Abundance of…

A: (Q)The shortage of resources to satisfy all human wants is known as __________. a. Abundance of…

Q: A reason that the United States has the largest economy in the world because ________. A. American…

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…

Q: There are five economic sectors that house different types of work/economic activities. First, list…

A: There are five unique areas in an economy:  Primary activities  Primary activities are…

Q: Understanding the economy, culture, and community structures *Economic systems labor capital land…

A: Pacdal area is a primarily agricultural and tourist-driven economy with a diverse income level. The…

Q: The European Union consists of 27 member countries. This single market has more than __________…

A: The European Union is a union of 27 European countries. It is one of the most powerful trade…

Q: 1. It regulates the engagement between the producer and the consumer.  A. Chamber of commerce B.…

A: 1. It regulates the engagement between the producer and the consumer.  The answer is - C. Government

Q: 1.Education is commonly regarded as increasing one’s human capital. The term, human capital, is best…

A: Human capital: Human capital is the intangible asset that is possessed by human beings it include…

Q: geographic area with high population density that contains a set of closely related activities *…

A: Rural Area: The rural area is the area where people density is very less and people live in open…