Economics is what it ought to be. This statement refers to
Answer : A. Normative Economics
Which of the following most closely approximates our definition of oligopoly?
Answer : B. The gasoline stations
Who said â€˜Supply creates its own demandâ€™?
Answer : C. J. B. Say
One of the essential conditions of perfect competition is
Answer : B. Multiplicity of prices for identical products at any one time
What is the mainstay of Indian economy ?
Answer : B. Agriculture
Gilt-edged market means
Answer : A. market of government securities