Economics - Study Mode
[#991] In a demand schedule, quantity demanded
Correct Answer
(B) varies inversely with price
[#992] If in a year, the gross fiscal deficit of a Government is Rs. 3,00,000 crore, revenue deficit is Rs. 1,50,000 crore and interest payment are Rs. 80,000 crore, then the primary deficit of the Government in the year is:
Correct Answer
(D) Rs. 2,20,000 crore
[#993] Elasticity of demand measures the
Correct Answer
(A) responsiveness of sales to change in advertisement expenditure
[#994] In which year did Amartya Sen receive the nobel prize for economics?
Correct Answer
(A) 1998
[#995] Type(s) of income elasticity of demand is/are
Correct Answer
(D) All of the above