A.  human behavior

        B.  human character

        C.  human factor

        D.  human desires

        A.  price

        B.  cost

        C.  money

        D.  exchange

        A.  goods and services

        B.  wages and salaries

        C.  firms and households

        D.  income and money

        A.  circular-flow diagram

        B.  production possibility curve

        C.  capital consumption frontier

        D.  Lorenz curve

        A.  the additional benefit of buying an additional unit of a product

        B.  the cost incurred in the past before we make a decision about what to do in the future

        C.  a cost that cannot be avoided, regardless of what is done in the future

        D.  that which we forgo, or give up, when we make a choice or a decision

        A.  consumer

        B.  producer

        C.  seller

        D.  distributor

        A.  total

        B.  marginal

        C.  expected

        D.  average

        A.  there are some people who will not work at the going wage rate.

        B.  there is excess demand in the labour market.

        C.  at the going wage rate, there are people who want to work but cannot find work.

        D.  people are not willing to work at the going wage rate.

        A.  a period of declining unemployment.

        B.  a period of declining prices.

        C.  a period of very rapidly declining prices.

        D.  a period during which aggregate output declines.

        A.  an increase in the overall price level

        B.  an increase in the overall level of economic activity

        C.  a decrease in the overall price level

        D.  a decrease in the overall level of economic activity

You can now use you matric number to login as your username and  password in a lowercase.

https://elearn.nouedu2.net/login/

Note that you are to change your passw...

We can be driven by our daily goals and by our life dreams, but your aspirations ...

If you want to be happy and successful in academics and life, you have to better ...

The Flemish Ministry of Education and Training awards scholarships to highly talented international students who want to study a master's programme at a Flemish university, a school of arts or ...

Universities of the Coimbra Group offer short-term visits (generally 1 to maximum 3 months) to young African researchers from higher education institutions from Sub-Saharan Africa. The main aim of ...