Economics Past Questions and Answers

The type of price elasticity of demand for a commodity whose quantity demanded remain unchanged despite changes in the price is

An increase in total production (real GDP) causes the demand for money to ______and the interest rate to _________

Part-time workers who desire full-time employment are:

Which of the following is the resultant effect of a fall in the profit margin of producers in an economy?

Indicator of underdevelopment is