Choose the correct statements from the following: (A) Adam Smith is termed as Father of Modern Economics. (B) J.M. Keynes gave the Theory of Income, Output and Employment. (C) Four Sector Model =C+I+G+(X-M) (D) Store of value is primary function of money. Choose the correct answer from the options given below:

According to the Theory of Consumer Behaviour, Inequality \(p_1x_1 + p_2x_2 \leq M\) is called the ________

Rearrange the given statements in proper chronological sequence in an ascending order (earliest to latest): (A) General theory of Employment, Interest and Money by Keynes. (B) Mahalanobis was made a fellow of Britain's Royal Society. (C) An Inquiry into the Nature and Cause of th…

When Elasticity of Demand Curve is 1 at every point on the Demand Curve, this curve is known as:

If there is no government and no foreign trade, then:

Match List-I with List-II: List-I (Characteristic) | List-II (Implication) (A) Equilibrium | (I) Plans of all the consumers and firms in the market match (B) Excess supply | (II) Demand decreases with an increase in income (C) Inferior good | (III) Supply is greater than market d…

The value of Nominal GDP is $ 1100 and the value of Real GDP is $ 1000. Find the value of GDP deflator.

Which of the following are correct statements? (A) Marginal Utility is the change in Total Utility due to consumption of one additional unit of commodity. (B) Two Indifference Curves intersect each other (C) Marginal Utility becomes Zero at a level when Total Utility remains cons…

Identify the correct statements: (A) Stocks are defined over a period of time (B) Flows are defined over a period of time. (C) Flows are defined at a particular point of time. (D) Stocks are defined at a particular point of time. (E) GVA at factor costs + Indirect Taxes - Subsidi…