Duty and _________ policy has a very important effect on revenue,especially foreign exchange.
Monetary policy
Fiscal policy
Tariff policy
Price policy
The households are __________ in an economy.
Consumption units
Social welfare
Inequality of income
None of these
The___________are also the basic economic entities in an economy.
Producers
Consumers
Both 1 & 2
Utility
The economic policies should be framed to encourage and promote ___________.
Economic freedom
Economic development
Economic planning
Economic inequalities
___________ to individuals that use goods and services generated within the economy.
Investors
Savings are the basis of _______________.
Capital formation
Economic policies
Public distribution
Household is also a _____________.
Tax payer
Investor
Economic activities are concerned with producing goods and services which satisfy ______________.
Human wants
Choice
Scarcity
______________ means the demand of final goods.
Investment
Consumption
Distribution
Economic transactions between the consumers and the producers allows _____________ in an economy.
Increase
Decrease