A. Construction of highways B. Building of dams C. payment of salaries and wages D. building of new universities Correct…
A. economic factors B. religious factors C. geographical factors D. social factors Correct Answer: Option A - economic factors
A. elastic B. inelastic C. unitary elastic D. perfectly elastic Correct Answer: Option B - inelastic
A. value added B. profit maximization C. entreprenuership D. production Correct Answer: Option D - production
A. deflation B. devaluation C. inflation D. revaluation Correct Answer: Option B - devaluation
A. regressive tax B. backward tax C. oppressive tax D. retrogressive tax Correct Answer: Option A - regressive tax
A. Scarcity B. Durability C. portability D. acceptability Correct Answer: Option C - portability
A. citizens B. businessmen C. government D. foreigners Correct Answer: Option C - government
A. extra budget B. surplus budget C. mid-year budget D. deficit budget Correct Answer: Option D - deficit budget
A. finance agriculture B. establish banks C. acquire machinery D. build houses Correct Answer: Option D - build houses