The logic followed here is as follows: O P P Y D X E / O P P Y D X E / O P P Y D X E / O P P Y D X E
An inferior good is one for which an increase in income causes a(n)
The range of the correlation coefficient is?
“Higher the price of certain luxurious articles, higher will be the demand” This concept is called
When a price ceiling is imposed in a market,
Which statement is correct regarding the situation of Inflation in an Economy?
Price elasticity of demand of a horizontal demand curve is called:
Which of the following transaction is being ignored while calculating national income?
Coefficient of elasticity of demand is negative. It means:
Which of the following statement best describe the role of a “deflator”?
In India what is the current base year being used for the calculation of GDP?