Do we ascribe the national shortage of gasoline to the law of demand and supply or is something else at play?
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Positive checks as envisaged by Thomas Malthus can be prevented if A. marriage is abolished. B. moral restraint is adopted. C. more hospitals are built. D. death rate is reduced.
If workers at the school canteen cannot sell during the holidays, this is an example of A. structural unemployment. B. residual unemployment. C. frictional unemployment. D. seasonal unemployment.
Wholesalers play an important role in the distribution of goods and services because they A. pass information on from retailers to consumers. B. are located very close to consumers. C. finance both producers and retailers. D. sell in small unit ...