A. partly on agents and users B. entirely on users C. entirely on owners D. partly on users and owners…
A. fluctuate B. rise C. fall D. remain unchanged Correct Answer: Option B - rise Explanation The interest rates will…
A. Tariff on imports B. Tax rate C. Exchange rate D. Discount rate Correct Answer: Option D - Discount rate…
A. transactionary B. speculative C. precautionary and speculative D. transactional and speculative Correct Answer: Option A - transactionary
A. interest rate B. level of income C. exchange rate D. inflation rate Correct Answer: Option A - interest rate…
A. net national product B. gross domestic product C. gross national product D. per capita income Correct Answer: Option D…
A. a higher output level B. constant returns to scale C. over-capacity utilization D. a lower output level Correct Answer:…
A. economies of scale B. specialization C. division of labour D. diseconomies of scale Correct Answer: Option A - economies…
A. at the prevailing rate B. at the equilibrium price C. above the equilibrium price D. below the equilibrium price…
A. producers are sovereign B. it provides low degree of freedom C. it widens the inequitable gap D. consumers are…