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436. The multiplier is the factor by which
A. an increase in investment lowers income
B. a change in autonomous expenditure changes income
C. a change in income changes saving
D. a change in income changes investment
Explanation:
437. In short run, a producer continues his production as long as he covers
A. variable cost
B. fixed cost
C. average cost
D. marginal cost
Explanation:
438. The Phillips Curve represents the relationship between
A. Wages and prices
B. Unemployment and wages
C. Unemployment and prices
D. Unemployment and national income
Explanation:
439. The term "" Dunkel Propopsals""is accociated with
A. our National Education Policy
B. our National economy
C. National Human Rights Commission
D. None of these
Explanation:
440. The Committee on Distribution of Income and Levels of Living was presided over by
A. Deshmukh
B. Dr. Swaminathan
C. Mahalanobis
D. Karve
Explanation:
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