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Agricultural drought is a situation which is a result of inadequate rainfall. Because of this, the soil moisture falls short to meet the demands of the crop during its growth which affects growth and finally results in the reduction of yield.
Income effect states that as price of a good falls, demand rises since there is rise in
Due to which of the following reasons increase in absolute and per capita real GNP do not connote a higher level of economic development?
Which one of the following transactions will be considered as a transfer payment?
What should be done in an economy to reduce the effects of recession?
Which of the following is not a method to calculate GDP?
Which of the following statement best describe the role of a “deflator”?
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
Price elasticity of demand of a horizontal demand curve is called:
Which of the following issues are the reasons behind the inflation in Indian Economy?
Which of the following should be excluded while calculating Gross national Product?
