A reduction in the bank rate encourages commercial banks ...
A reduction in the bank rate encourages commercial banks to create money by
Decreasing the interest rate
Maintaining the interest rate
Doubling the interest rate
Raising the interest
Correct answer is B
No explanation has been provided for this answer.
Which of these does not relate to the law of comparative advantage? ...
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Points outside a production possibility curve indicate ...
A bank note is said to be a legal tender because it is ...
In perfect competition a firm's price is equal to its marginal revenue which is again equal to a...
The marginal propensity to consume is ...
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Which of the following factors may not affect the efficiency of labour? ...