Economics Past Questions and Answers

Which of the following is not a classification of economic activities?

In event of shortage in supply of a commodity in the market under a planned economy, the allocation of the available commodity will be carried out by

The public sector of an economy includes

Find the median of the following set of scores \(8.9 .6 .5 .10\)

If at \(10 \mathrm{k}\) per \(\mathrm{kg}, 1000 \mathrm{~kg}\) of yam were purchased and at \(5 \mathrm{k}\) per \(\mathrm{kg}, \overline{1}, 500 \mathrm{~kg}\) were purchased, the resultant point elasticity of demand is