Question : The difference between indirect taxes and subsidies is _________________. 

Option 1: Net direct taxes

Option 2: Factor market

Option 3: Market price

Option 4: None of the above. 

Question : The relationship between the value of money and the price level in an economy is 

Option 1: Direct 

Option 2: Inverse

Option 3: Proportional 

Option 4: Stable 

Question : The exchange rate keeps on changing. This type of system is applicable under
 

Option 1: Fixed exchange rate system
 

Option 2: Flexible exchange rate system
 

Option 3: Managed floating rate system
 

Option 4: None of the above.
 

Question : The aggregate supply curve shows the relationship between:

Option 1: Price level and aggregate demand
 

Option 2: Price level and real GDP
 

Option 3: Interest rate and investment expenditure

Option 4: Inflation and unemployment

Question : Managed floating exchange rate is a hybrid of 
 

Option 1: Fixed exchange rate
 

Option 2: Flexible exchange rate
 

Option 3: Both A & B
 

Option 4: None of the above.