Different factors affect the economic status of a country or individual, and one of the most common is the political environment and inflation as a whole. Over the past few weeks, we have covered much about economic and social...
Questions: 10 | Attempts: 20284 | Last updated: Jun 15, 2020
"Inflation increases the average level of prices". What does this statement refers to? 1. The price of commodities exceeds income 2. In real terms, the Money supply grows at a higher rate than the Gross Domestic ProductSelect the correct answer
Test Your Economics Knowledge With This Quiz! Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet...
Questions: 27 | Attempts: 14398 | Last updated: Mar 22, 2021
What is the financial gain made in transactions?
Take our RIBO license practice exam quiz with the questions provided below in order to excel at being the most knowledgeable in your field. RIBO is a self-governing, self-supporting organization of insurance brokers who practice...
Questions: 10 | Attempts: 14381 | Last updated: Jan 16, 2022
What is the amount called that is refunded to the client if an insured cancels their policy?