Economics Past Questions and Answers

In a socialist economy, prices of commodities are determined by

Which of the following cannot be classified as land in economics

A country allocation to various sectors of the economy is shown in the pie chat below, use it to answer question 5 and 6
If the budget of the country was $7,200, how much is allocated to Education?

What is the ratio of expenditure on health to agriculture?

The demand curve for neccessity is usually