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Explanation: In a market economy, products are produced and sold mainly through the process of production. However, both production and trade in cash or barter are modes of satisfying customer needs. Q.14: Which of the following is not a part of industrial policy? Tariff reduction Subsidies to...
An industry in that part of the economy that creates services rather than tangible objects. It is a category of property that includes intangible creations of the human intellect. Services that focus on the creation, re-arrangement and interpretation of new and existing ideas. ...
The term Sensex alludes to the benchmark list of the BSE in India. The Sensex is contained 30 of the biggest and most effectively exchanged stocks on the BSE and gives a check of India's economy. Discuss this Question 6. In which Market debt and stocks are traded and maturity period ...
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The total demand for goods and services in an economy is known as Indicate below what is NOT a factor of production. A student chooses to study because the marginal benefits are greater than the ——— cost. The circular flow of goods and incomes shows the relationship between ———. ...
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Study with Quizlet and memorise flashcards containing terms like The exchange rate between currencies depends on A) the interest rate that can be earned on deposits of those currencies. B) the interest rate that can be earned on deposits of those currenc