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Q. The study of international trade and national income is part of

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Q. The imposition of an import tariff by a nation will increase the nation’s welfare:

Q. Suppose that the MPC out of disposable income was 0.8 and the marginal tax rate was 0.25 for a given economy. In this case, the value of the tax multiplier in the simple Keynesian model would be

Q. Fixed cost per unit increases when

Q. Globalisation has created new opportunities of

Q. Indifference curve analysis is based on the principles of

Q. Macro economic theory is also known as

Q. MNC