Economics Past Questions and Answers

A baker bought flour and other ingredients for S250.00, spent S52.00 on distribution, sold the bread for S320.00. The value added by the baker.

In a country with large population of full-time house wives, national income

Demand-pull inflation is likely to be caused by

Holding money to take care of contingencies is

If a housewife has meat and wants tomatoes, she must find someone who has tomatoes to give and wants meat. This concept is described as