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Q. Pick the odd one:

Q. In classical theory the level of employment is a function of:

Q. The difference between GDP and NDP equals:

Q. There is ------- relationship between price and quantity supplied

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

Q. If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:

Q. The concept of effective demand is associated with the name of:

Q. When an individual’s income falls, when everything else remains the same, his demand for inferior goods:

Q. The variable cost of a firm vary in direct proportion to the

Q. When savings exceeds the demand for savings, the rate of interest will: