Shift in the supply curve to the right and not to the left
Shift in supply curve to the left and not to the right
Shift in supply curve to the left or to the right
Movement along the supply curve
Decrease in price and quantity supplied
Correct answer is C
No explanation has been provided for this answer.
The greater burden of the taxes on essential goods is borne by
The middle income group
High income group
Low income group
People between the middle and high income group
Few top rich people
Correct answer is C
No explanation has been provided for this answer.
Absolute cost advantage
Absolute cost disadvantage
Comparative cost disadvantage
Comparative cost advantage
The availability of labour
Correct answer is D
No explanation has been provided for this answer.
Employs about 60% of the people
Provides the highest tax revenue
Is a major foreign exchange earner in most of the countries
Provides the raw materials for all import-substitution industries
Provide raw materials only for foreign industries
Correct answer is E
No explanation has been provided for this answer.
The largest part of the revenue of a country is derived from
Direct taxation
Indirect taxation
Excise duties
Company taxes
Non-tax revenue
Correct answer is B
No explanation has been provided for this answer.