Question
Which of the following statement is/are true regarding
classical theory of income and employment? 1. Classical economist believe that the economy needs fiscal policy 2. It describes economic growth in short run 3. According to this model, the wages are stickySolution
The classical theory of employment and output is a long run theory. It is based on two basic notions, viz. Say’s law and wage price flexibility. The classical economist believed that given wage price flexibility, there are automatic forces in the economic system that tends to maintain full employment and produce output at that level. Thus, they rule out the need of fiscal policy for correction of economy.
If KITE is coded as 128214 and FLY is coded as 71126, then how will SIT be coded as?
Arrange the following in the English alphabetical order:
(i) Palatine
(ii) Palatalize                     Â
<...Select the odd word from the given alternatives.Â
After arranging the given words according to dictionary order, which word will come at the ‘Third’ position?
1. Series
2. Serious
...Which of the following boxes is placed immediately above and immediately below N?
Select the correct option that indicates the arrangement of the given words in the order in which they appear in an English dictionary.
1. Slip
A man walks 3 km south and then turns to the right. After walking 8 km he turns to the left and walks 4 km. In which direction from the starting point i...
Select the term that will come next in the following series.
14, 16, 20, 26, 34, 44, 56, 70, 86, ?
Three of the following four number-pairs are alike in a certain way and one is different. Pick the odd number-pair out.
Select the number-pair in which the two numbers are related in the same way as are the two numbers of the given number pair.
13 : 338Â
