A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
A. the household and government sectors
B. the household sector.
C. all sectors of except the rest of the world
D. all sectors of the economy including the rest of the world.
A. reserve, unemployment
B. money supply, interest rate
C. taxes, exchange rate
D. stock price, minimum wage
A. Prices to rise and output to rise
B. Price to fall and output to remain unchanged
C. Prices to fall and output to fall
D. prices to rise and output to remain unchanged
A. India
B. Japan
C. China
D. Brazil
A. Capitalism
B. Socialism
C. Free market economy
D. Liberalism
A. Acting as bankers to the government
B. Advising the government on monetary policy
C. Dealing in foreign exchange
D. Fixing the main interest rate