A. state of technology B. quantity of inputs C. quality of inputs D. price of output Correct Answer: Option D…
A. constant B. at a maximum C. increasing D. decreasing Correct Answer: Option D D. decreasing
A. barter trade B. stock exchange C. foreign trade D. internal trade Correct Answer: Option A A. barter trade
A. bank rate B. population growth rate C. wage rate D. mortgage rate Correct Answer: Option A A. bank rate
A. proscribed B. legalized C. subsidized D. heavily taxed Correct Answer: Option C C. subsidized
A. inflation induced by rising costs of production B. reduction in government expenditure C. persistent rise in prices due to…
A. Building society B. Development banks C. Commercial banks D. Stock exchange Correct Answer: Option C C. Commercial banks
A. high price elasticity of demand B. low price elasticity of demand C. high-income elasticity of demand D. low-income elasticity…
A. reduce the prices of imports B. increase the demand for locally made goods C. discourage domestic industries from becoming…
A. lowered but more employment opportunities are created B. lowered but employment level remains unchanged C. increased and employment levels…