Start learning 50% faster. Sign in now
It is the most basic type of insurance and can be referred to as pure insurance. It covers the insured for a specific period. The insured’s family gets a lump-sum amount in the case of the insured’s death. If, however, the insured survives the term of the policy, no money is paid to the insured or his family.
Which of the following statement best describe the role of a “deflator”?
A shift of the supply curve of oil raises the price from $10 a barrel to $15 a barrel and reduces the quantity demanded from 40 million to 15 million ba...
Price elasticity of demand of a horizontal demand curve is called:
What should be done in an economy to reduce the effects of recession?
Which one of the following transactions will be considered as a transfer payment?
Which of the following is not a method to calculate GDP?
Which of the following situations will result after high growth?
Which of the following asset belongs to the flow concept?
“Higher the price of certain luxurious articles, higher will be the demand” This concept is called
Which of the following statement is correct with respect to inflation in Indian economy?