41. Match the List-I with List-II and select the correct answer:
List-I (Theory)
List-II (Scientists)
a. Absolute income theory
1. J. M. Keynes
b. Relative income theory
2. Milton Friedman
c. Life cycle theory
3. Modigliani and Ando
d. Permanent income theory
4. J. S. Dusenberg
List-I (Theory) | List-II (Scientists) |
a. Absolute income theory | 1. J. M. Keynes |
b. Relative income theory | 2. Milton Friedman |
c. Life cycle theory | 3. Modigliani and Ando |
d. Permanent income theory | 4. J. S. Dusenberg |
42. The marginal cost curve intersects the average cost curve when the average cost is
43. The object of a subsistance farm is to produce
44. Rent' is the price paid for the use of land. Who said it?
45. The RBI came into existence from the year
46. Which one is supply version
1. Adam Smith's
2. David Ricardo's
3. H-C theory
4. Mill's theory
1. Adam Smith's
2. David Ricardo's
3. H-C theory
4. Mill's theory
47. MPP (marginal physical products) of a variable input is negative
48. B-C ratio is used to evaluate mostly
49. Consumers equilibrium is attained at
50. For = y = b0 + b1 X, if supply is elastic then
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