Economics - Study Mode

[#86] From which Five Year Plan "Growth with Social Justice" has received emphasis?
Correct Answer

(C) Seventh

[#87] According to Keynes, investment means
Correct Answer

(D) Establishment of new factory

[#88] The market price of a commodity in the long run is equal to the minimum average cost of its production, when it is in the market
Correct Answer

(A) Perfect competition

[#89] In which economy, the consumer is called 'the Emperor'?
Correct Answer

(C) Capitalism

[#90] Elasticity of demand is . . . . . . . .
Correct Answer

(B) Quantitative statement