Question
Match the Following:
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Coefficient of elasticity of demand is negative. It means:
Which of the following methods is used to control inflation in India?
“Higher the price of certain luxurious articles, higher will be the demand” This concept is called
What is the name given to the difference between value of output and value added?
An inferior good is one for which an increase in income causes a(n)
Which of the following is not a method to calculate GDP?
As a result of an increase in consumer incomes, the demand for XYZ good has decreased. Based on this information, what can we definitely say about what ...
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
Which of the following should be excluded while calculating Gross national Product?
Which of the following will have the largest value while calculating national income?