Complementary
In joint demand
Luxuries
In composite demand
Substitutes
Correct answer is E
No explanation has been provided for this answer.
The optimum population of a country is reached when the
Production of goodsand sevices is less than optimum
Output per head is at its highest with a given volume of resources
Total production increases with a given volume of resources
National resources increases as population increases
Working population rises at a geometrical rate
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a problem in the barter economy?
Multiple exchange rate
Indivisibility of goods and services
Double coincidence of wants
Bulkness of commodities
Inflation
Correct answer is E
No explanation has been provided for this answer.
0.025
0.24
0.22
0.25
0.23
Correct answer is D
No explanation has been provided for this answer.
The value of money is affected by the
Speculative motive
Price level
Transactionary motive
Precautionary motive
Employment level
Correct answer is B
No explanation has been provided for this answer.