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Q. The term production refers to:

Q. Those things that possess both utility and scarcity are called:

Q. A fall in the market demand, supply remaining the same results in

Q. Author of the book ‘The General Theory of Employment, Interest and Money’:

Q. The expected return on investment is called:

Q. Demand varies ------------- with price.

Q. A rational producer will select his level of production in which stage of the law of variable proportions

Q. The proportion between total income and total saving is called:

Q. -------------- cost can never become zero.

Q. Temporary unemployment is -------------, according to the Classical economists: