'Law of Market' is attributed to:
A) j.s. mill
B) j.b. say
C) alfred marshall
D) a.c. pigou
Correct Answer:
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Q8: In India, the current base year is:
A)1980-81
B)1993-94
C)1999-2000
D)2004-05
Q9: Which of the following doest not include
Q10: The term "Classical Economics" was first used
Q11: Who is the leader of the Classical
Q12: The core of classical economists is:
A)effective demand
B)employment
C)say's
Q14: The Classicals adopted ---------policy:
A)governmental policy
B)laissez-faire
C)policy of restriction
D)none
Q15: According to Classicals, full employment is a:
A)rare
Q16: According to the Classical economists, general over
Q17: According to the Classical economists, savings and
Q18: Classical aggregate supply curve is:
A)perfectly elastic
B)perfectly inelastic
C)more
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