A. Price will fluctuate B. Demand will remain static C. Unemployment will surely fall D. Price will remain static Correct…
A. Savings B. Production C. Accumulation D. Opportunity cost Correct Answer: Option A A. Savings
A. Relative scarcity B. Divisibility C. Durability D. General acceptability Correct Answer: Option D D. General acceptability
A. Government expenditure is equal to its revenue B. Planned expenditure is more than the estimated income C. Planned income…
A. Road construction B. Port facilities C. Wages and Salaries D. Telecommunication projects Correct Answer: Option C C. Wages and…
A. is higher when income is higher B. is equal tax for all categories of people C. remains constant when…
A. consumer B. manufacturer C. wholesaler D. retailer Correct Answer: Option A A. consumer
A. monopolistic competition B. price determination C. price discrimination D. monopoly Correct Answer: Option C C. price discrimination
A. competitive demand B. complementary demand C. composite demand D. derived demand Correct Answer: Option C C. composite demand
A. positive B. negative C. zero D. fixed Correct Answer: Option A A. positive