QUESTION 9 Technological knowledge a, can be discovered but it can never be kept

Question

QUESTION 9 Technological knowledge a, can be discovered but it can never be kept secret or patented. o b.does not depend on the educational opportunities available to the workforce o c cannot help a nation increase productivity O d is a determinant of productivity QUESTION 10 2.5 Hyperinflation refers to o a a decrease in the inflation rate O b, a period of very high inflation O c inflation accompanied by a recession d the spread of inflation from one country to others QUESTION 11 2.5 poi Demand for a good is a measure of the relationship between a the price of that good and the general income level across a region b the price of that good and the quantity demanded of a substitute good c the price of that good and the quantity demanded of that same good when the det d the price of that good and the quantity demanded of a complementary good ts of demand do not change

Explanation / Answer

9) Technological knowledge

Ans) a

Reason- As that development is with the help of computer coding

10) Hyperinflation refers to

Ans) b) a period of very high inflation

Reason- as during that time prices are rising rapidly

11)Ans) c

Reason- As demand of a good is dependent on its price and quantity demanded

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