Under the Classical System, the Equilibrium Will Be At

Q14: Which of the following doest not include

Q15: Value of output minus intermediate consumption is:<br>A)depreciation<br>B)value

Q16: GNP measured in terms of current market

Q17: "Supply creates its own demand" is called:<br>A)law

Q18: National income is a --------variable.<br>A)flow<br>B)stock<br>C)static<br>D)dynamic

Q19: In India, the current base year is:<br>A)1980-81<br>B)1993-94<br>C)1999-2000<br>D)2004-05

Q20: Rate of interest will increase when the

Q22: According to the Classicals, investment is a

Q23: The core of classical economists is:<br>A)effective demand<br>B)employment<br>C)say's

Q24: In India, National income is estimated at:<br>A)current