The three approaches to measuring economic activity are the

A) cost, income, and expenditure approaches.
B) product, income, and expenditure approaches.
C) consumer, business, and government approaches.
D) private, public, and international approaches.

B

Economics

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Which of the following is definitely NOT an example of a natural monopoly?

A) local water distribution companies B) urban rail services C) local electric power and gas distribution companies D) urban retail stores

Economics

According to the principle of subsidiarity, in which of the following areas should the authority for making decisions be taken from national governments and given to the EU?

A) Pollution of a trans-national waterway B) Limits on the hours retails stores are allowed to be open C) Highway traffic laws D) Recycling requirements on packaging E) All of the above.

Economics