Indian Economy Questions

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

An indifference curve measures the same level of ___________

__________ resources are those resources whose quantity is known.

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

If cash reserve ratio decreases, credit creation will _______.

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

Which of the following sets of taxes belongs to Central Government?