A. protect local industries B. check government expenditure C. correct the balance of payments problem D. encourage increased volume of…
A. pegged exchange rate B. floating exchange rate C. fixed exchange rate D. dual exchange rate Correct Answer: Option B…
A. credit and thrift society B. consumer cooperative society C. producer cooperative society D. voluntary organization Correct Answer: Option C…
A. excess current consumption B. excess consumption over investment C. increased current consumption D. increased current investment Correct Answer: Option…
A. consumer goods B. capital goods C. intermediate goods D. primary goods Correct Answer: Option D - primary goods
A. limited liability B. accessibility to loan C. transferability of shares D. unlimited laibility Correct Answer: Option D - unlimited…
A. goods give different utilities B. available resources are inadequate C. there are many goods to select from D. not…
A. how to produce B. for whom to produce C. when to produce D. what to produce Correct Answer: Option…
A. has a long tail to the left B. has a long tail to the right C. is bimodal D.…
A. hoarding B. excess supply C. excess demand D. a blank market Correct Answer: Option B - excess supply