The marginal utility theory is contributed by:
The marginal utility theory is contributed by:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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The marginal propensity to save is defined as:
Question: The marginal propensity to save is defined as:
A. 1-∆C/∆Y B. S/Y C. Y/S D. Y/∆S Answer» a. 1-∆C/∆Y Note: The above multiple-choice question is for all general and Competitive Exams in India. Imperial bank was nationalised in the year
Question: Imperial bank was nationalised in the year
A. 1950 B. 1955 C. 1956 D. 1958. Answer» b. 1955 Note: The above multiple-choice question is for all general and Competitive Exams in India. Income elasticity of demand for inferior goods is:
Question: Income elasticity of demand for inferior goods is:
A. Negative B. Positive C. Zero D. Unity Answer» a. Negative Note: The above multiple-choice question is for all general and Competitive Exams in India. If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:
Question: If the value of a variable varies as a consequence of the variation in the value of some other variable, it is called:
A. Exogenous variable B. Endogenours v ariable C. Stock D. Flow Answer» a. Exogenous variable Note: The above multiple-choice question is for all general and Competitive Exams in India. Who had a different macro theory than the rest?
Question: Who had a different macro theory than the rest?
A. Adam Smith B. David Ricardo C. Malthus D. J.B.Say Answer» c. Malthus Note: The above multiple-choice question is for all general and Competitive Exams in India. An Economic model is a statement of relationship among economic ——
Question: An Economic model is a statement of relationship among economic ——
A. variables B. phenomena C. development D. none of these Answer» a. variables Note: The above multiple-choice question is for all general and Competitive Exams in India.