Economics Part Last

download Economics Part Last

of 1

description

Hello

Transcript of Economics Part Last

Marginal revenue will be zero if the elasticity of demand is

Marginal revenue will be zero if the elasticity of demand is unityAn increase in national income because of increase in prices is called an increase in national income at current prices.

When aggregate supply exceeds aggregate demand people save more than they intend to save.

One-rupee currency notes bear the signature of: Finance Secretary of India

The Second Five Year Plan laid more stress upon: industrialization

The net worth of the business is: total assets less total liabilities other than those to the proprietors and less fictitious and intangible assets

An agricultural (land) holding which is just sufficient to provide employment as well as livelihood to a family of, say, five persons is called : a family folding

EXIM Bank was set-up in: 1982