The economic way of thinking stresses that
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If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?
In a cut motion, when the amount of demand is reduced by Rs 100/ , it is known as
Long run growth in GDP is determined by
The difference between exports and imports is called-?
The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.
Which level does macroeconomics focus on?
From which of the following, is the GDP of a country not derived from?
The average variable cost curve is ____ shaped.
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