Economics can be defined as
...Economics can be defined as
Reduction in spending in the face of competing alternative
Allocation of resources to alternative uses
Economic behaviour of small units like the household and the firm
The study of economic aggregates like inflation and national income
Correct answer is B
No explanation has been provided for this answer.
The effect of changes in the condition of demand on a demand schedule with the price constant is ...
The speculative demand for money is inversely related to the ...
A declining population is one in which the population is ...
When depreciation is deducted from Gross National Product, the result is ...
The population of a country will decrease if ...