If the consumption of good by one person does not reduce the quantity available by others and nobody can be easily excluded from consumption, we are referring to a ?
A. Private good
B. merit good
C. public good
D. abundant good
A. Private good
B. merit good
C. public good
D. abundant good
A. Increase the volume of trade
B. Reduces the volume of trade
C. Has no effect on volume of trade?
D. A and C of above
A. many buyers and sellers
B. none of these answers
C. firms that are price takers
D. only one seller
A. Power to buy foreign currency
B. Foreign currency holding
C. Ratio at which unit of one country’s currency is exchanged for unit of another country currency
D. None of them
A. below the price because the price effect outweighs the output effect
B. above the price because the output effect outweighs the price effect
C. above the price because the price effect outweighs the output effect
D. below the price because the output effect outweighs the price effect
A. Nepal
B. Pakistan
C. India
D. China
A. New classical economists
B. Keynesian.
C. Monetarists
D. Marxists.