Indian Economy Questions

Which law states that bad money drives good money out of circulation?

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

The Law of Demand is based on the concept that people _______.

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?

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

Which is the parameter for the economic development ?

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.