Economics - Study Mode

[#241] A depreciation of the US dollar relative to foreign currencies will make
Correct Answer

(B) US exports less expensive in foreign countries

[#242] When the TR curve and TC curve moves in parallel and TR exceeds TC
Correct Answer

(C) total profit is maximised

[#243] Which of the following is not the reason for increasing returns to scale?
Correct Answer

(B) Fuller utilisation of fixed factors

[#244] In which of the following year the industrial policy resolution was not announced?
Correct Answer

(C) 1979

[#245] In a free-enterprise economy, the problems of what, how and for whom are solved by
Correct Answer

(C) the price-mechanism