Economics - Study Mode
[#856] The time duration of Fourth Five Year Plan in our country was
Correct Answer
(B) 1969-74
[#857] The concept of national income lays down the basis of
Correct Answer
(A) Macro economic analysis
[#858] In the short-run, when a simple monopoly firm attains equilibrium and earns only normal profit, its level of output will correspond to:
Correct Answer
(D) Marginal cost much below average cost
[#859] According to Malthus, the supply of food increases
Correct Answer
(A) Arithmetic increase
[#860] From the following, identify the tools of fiscal policy: (i) Public expenditure (ii) Open market operations (iii) Deficit financing (iv) Taxation (v) Reserve requirements
Correct Answer
(D) (i), (iii) and (iv)