A car travels at the speed of 40 km/hr. for the first

The "liquidity trap" refers to a situation where:

If price of all commodities rise in the same proportion then,

Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?

Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?

The 'Trickle-Down Theory' in economics is most associated with the effects of:

In two commodity worlds if one good is inferior then the other must be

When the slope of average cost is negative then which of the following holds true?

The concept of vicious circle of poverty is associated with

If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20