- 1 Marks
BMF – May 2017 – L1 – SA – Q5 – The Business Environment
Multiple-choice question on the concept describing changes in national income over time.
Question
Which of the following describes how the national income of a country increases or falls from one year to the next?
A. Economic learning curve
B. Economic recession
C. Economic development
D. Economic trends
E. Economic cycle
Find Related Questions by Tags, levels, etc.
- Tags: Economic Indicators, Economic Trends, National Income
- Level: Level 1
- Topic: The Business Environment
- Series: MAY 2017
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