A. rise in the cost of production B. decrease in the transportation cost C. rise in demand for goods D.…
A. unforeseen motive B. transaction motive C. speculative motive D. precautionary motive Correct Answer: Option C C. speculative motive
A. a rise in expenditure on imports B. a rise in the level of savings C. an increase in the…
A. gross domestic product B. net national product C. gross national product D. net domestic product Correct Answer: Option A…
A. rate of tax is constant at all income levels B. rate of tax decrease as income increases C. rate…
A. a country's population size B. a country's economic growth C. the human level of development D. the flow of…
A. import substitution B. capital intensive C. labour intensive D. first come first employed Correct Answer: Option C C. labour…
A. ensures efficiency B. discourages efficiency C. leads to decrease in output D. leads to liquidation Correct Answer: Option A…
A. cannot benefit from economies of scale B. are a good source of new jobs C. can satisfy demand in…
A. little capital B. processing of raw materials C. small allotments of land D. use of crude oil Correct Answer:…