In a centrally plant economy all important decisions are made by (a)  

Reality all economics are (a)  

(a)   is a set of arrangement where economic agents can freely exchange endowments with each other

Wants satisfying capacity of commodity is (a)  

Two indifference curve never (a)   each other

As income increases the demand curve for normal goods shift towards (a)  

The demand for a good moves in the (a)   direction of its price

Method of adding two individual demand curve is called as (a)  

In the long run all inputs are (a)  

(a)   isdefined as the output per unit of variable input

Marginal product and average product curves are (a)   in the shape

SMC cars cuts the AVC curves at the (a)   point of AVC curve from below

(a)   is the set of all possible combination of the two inputs that yeild the same maximum possible level of output

Price taking behaviour is the single most distinguish characteristic of (a)   market

(a)   Is a tax that the government imposes per unit sale of output

For a price taking for marginal revenue is equal to (a)  

The point of minimum AVC where SMC curve cuts the AVC curves is called as (a)  

(a)   cost of some activity is the gain forgone from the second best activities

In a perfectly competitive market equilibrium occurs when market demand (a)   market supply

In the supply curve shift rightward and demand curve shift leftward equilibrium price will be (a)  

In labour market (a)   are the suppliers of labours

It is assumed that in a perfectly competitive market an (a)  

Sale of goods by the domestic country to the rest of the world is called (a)  

(a)   will be called as firms

(a)   policies are pursued by the state itself or statutory bodies like RBI SEBI

(a)   tries to address situations facing the economy as a whole

(a)   are defined at a particular point of time

(a)   will not pass through any more stages of production

(a)   is an annual allowance for wear and tear of a capital good

(a)   is a stock variable

Pollution is an example for (a)   externallities

The net contribution made by a firm is called its (a)  

Economic exchange without the use of money are refer to as (a)  

(a)   is the only institution which can issued currency in India

(a)   issues coins in India

The principal Motive for holding money is to carry out (a)  

M and M2 are known as (a)  

CY shows the dependance of consumption on (a)  

Saving is that part of income that is (a)  

Average propensity to consume is the consumption per unit of (a)  

(a)   is defined as addition to the stock of physical capital

Size of the multiplier depends on the value of (a)  

I is positive constant which represents the (a)   investmemt in the country.

Non paying users of public goods are known as (a)  

Financial years start from____ to ____in India

(a)  

Taxes imposed on the goods imported into and exported out of India are called (a)  

The government may spend on the amount of equal to the revenue its collects this is known as (a)  

Revenue deficit =revenue expenditure- (a)  

(a)   is the record of the trade in goods and service and transfer payments

(a)   account records all international transaction of assets

The price of foreign currency in terms of domestic currency has increased and this is called (a)   of domestic currency

(a)   is a mixture of a flexible and fixed exchange rate system

The Bretton Woods conference held in the year (a)