Goods without which people can not live are called:
A) comforts
B) luxuries
C) necessaries
D) none
Correct Answer:
Verified
Q8: Consumption expenditure directly varies with:
A)savings
B)investment
C)disposable income
D)rate of
Q9: An important issue of macro economics is
Q10: Pick the odd one:
A)aggregate demand
B)effective demand
C)j.m. keynes
D)law
Q11: Which of the following items does not
Q12: Who is known as the father of
Q14: The problem of what to produce is
Q15: Those things that possess both utility and
Q16: If a worker specializes in the production
Q17: Goods produced for use in future productive
Q18: Who wrote the article Laws of Returns
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