11. At the point of inflexion, the marginal utility is
12. A rightwards shift in supply curve indicates
13. Among the causes of inflation can be listed
1. slow growth in agricultural output
2. increasing non development expenditure of Government
3. rapid population growth
4. rapid growth of costly imports
1. slow growth in agricultural output
2. increasing non development expenditure of Government
3. rapid population growth
4. rapid growth of costly imports
14. Which one of the following is not studied in macro economics?
15. "Labour and capital of the country acting on it's natural resources produce annually a certain net aggregate of commodities including services of the kinds. This is the true net annual income of the country" is given by
16. Inflation brings most benefit to which one of the following?
17. Goods X and Y are perfect substitutes. A consumer's indifference curve for these commodities is represented by a/an
18. GNP can be calculated as
19. Emperical evidence has shown that due to technological changes and 'learning by doing' trends, the shape of LAC curve has changed from
20. One way the government can induce a monopolist to expand his output is by imposing
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