Indian Economy Questions

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

IMF has predicted that the global economy would grow at _______ % in 2017.

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

In a centrally planned economy, the ____________ plans all the important activities in the economy.

Which level does macroeconomics focus on?

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

In economic equilibrium _____

Full employment is the level at which there is _____.