Economics - Study Mode
[#286] Who said, "The problem of population is not only with size but with efficient production and equitable distribution"?
Correct Answer
(C) Seligman
[#287] Income elasticity of demand can be measured with the help of which of the following formula?
Correct Answer
(A) $$frac{{Delta q}}{{Delta y}} imes frac{y}{q}$$
[#288] Density of population means number of persons per:
Correct Answer
(D) Square kilometre
[#289] Which of the following is true if Clarice is at her consumer equilibrium? (i) Clarice is on her budget line. (ii) Clarice is on her highest attainable indifference curve. (iii) Clarice is dividing her budget equally across all goods.
Correct Answer
(A) (ii) and (iii)
[#290] Income effect towards Giffin Commodities will be
Correct Answer
(B) Negative