The intrinsic value of representative token money is
The monetary base for credit expansion consists of
Monetarist believe that a reduction in inflation can be achieved by
The phillips curve shows
Deflation is a situation when prices fall along with
The Industrial Policy which gave a concrete shape to the concept of mixed economy in India
"The Wealth of Nations" was primarily concerned with the problem of
The book "Wealth of Nations" by Adam Smith, published in the year
The source of capital accumulation in the hands of the government in the Ricardian theory
According to Malthus, sluts and under consumption in an economy would lead to
To break the circular flow, an innovative entrepreneurs are financed by
Which of the following theories was rejected by Schumpeter
"A man who did not do body labour had no right to eat" is based on the concept of
The pillars of Periyar's Socio-economic philosophy are
Ambedkar's idea of state socialism is based on the philosophy of
"The problem of the Rupee : Its origin and its solution" - was written by
Net National Product (NNP) is equal to
In recent years, the sector contributes more to the National Income of India
The equilibrium level of income is determined
The classical economist believed in the existence of ............. in the economy.
IS curve slopes downward
Equilibrium in the money market requires an
The IS-LM model uses two relations to determine, the two endogenous variables, they are
Any increase in government expenditure may have an expansionary effect even though these expenditure are matched by an equal increase in taxes. This has been called
The combined effect of the multiplier and the accelerator is also called
In absolute income hypothesis explains
The statement of Government's policy and major instrument of the expression of the Government programme
The saddle point denotes
Ethical statements which perform recommendatory, influential and persuasive functions, are
At the optimum point of Rawls social welfare theory, the two individuals income are
