if the government increase the rte of indirect taxes on goods and services, the demand for then will _________ in general a) rise b) fall c) neutral d) ineffective

Question : What is a good indicator to identify the effect of policies on the industrial sector?

Option 1: Rise in capital formation.

Option 2: Rise in the share of the Industry sector in the GDP.

Option 3: Rise in banking services.

Option 4: Rise in imports.

Question : The rhythmic rise and fall of ocean water twice in a day is called a ______.

Option 1: fall

Option 2: tide

Option 3: wave

Option 4: current

Question : When the general interest rate reaches a low level, which of the following statements will be correct?

Option 1: Most people will expect the interest rate to rise in the future.

Option 2: Most people will prefer to hold bonds.

Option 3: Most people will speculate a further decline in the rate of interest.

Option 4: Any increase in the money supply will cause the interest rate to fall further.

Question : The law of demand states that when _____.

Option 1: income and price rise demand rises

Option 2: income rises demand rises

Option 3: price rises demand rises

Option 4: price falls demand rises

Question : A firm’s supply curve is on an upward slope because:-
A: The production costs of additional units of output will rise beyond a point
B: Consumers see a positive relationship between price and quality
C: Expansion of production leads to the use of inferior inputs

Option 1: A only 

Option 2: C only

Option 3: B only

Option 4: A, B and C all