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Q. National income is a --------variable.

Q. When Q = f (P), the elasticity coefficient is measured by:

Q. GNP measured in terms of current market prices is called:

Q. Goods without which people can not live are called:

Q. According to the Classicals, investment is a function of:

Q. Firms owned by stock holders are known as

Q. Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:

Q. According to the Classical economists, savings and investments are:

Q. Net addition to total utility when one more unit is consumed is:

Q. If marginal propensity to consume is 0.8, the value of multiplier will be: