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The correct answer is C
Which of the following statement is correct about the situation in the economy?
Income effect states that as price of a good falls, demand rises since there is rise in
Which of the following methods is used to control inflation in India?
Which of the following issues are the reasons behind the inflation in Indian Economy?
Which of the following is not a method to calculate GDP?
Which one of the following transactions will be considered as a transfer payment?
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following transaction is being ignored while calculating national income?
An inferior good is one for which an increase in income causes a(n)