Effective demand in economics means?

A. the desire for a commodity B. a proposal to purchase a good on credit C. the desire for a commodity or service backed by purchasing power D. an irrevocable instruction to the seller to meet up the need of the buyers E. the propensity to consume goods produced by...
Government can influence aggregate demand through all the following measures except?

Giffen commodities are those commodities?

A. which gives rise to a cobweb situation B. for which demand increases as price increases C. which have a low price elasticity of demand D. which are in short supply E. which have a high-income elasticity of demand Correct Answer: Option B – for which demand...

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