The____________take the responsibility of employing these factors in an appropriate proportion and organise the business activities.
Consumer
Producer
House hold
None of these
Duty and _________ policy has a very important effect on revenue,especially foreign exchange.
Monetary policy
Fiscal policy
Tariff policy
Price policy
Economic activities are concerned with producing goods and services which satisfy ______________.
Human wants
Choice
Scarcity
Savings are the basis of _______________.
Capital formation
Economic policies
Public distribution
The optimum utilization of ______________ is very important to achieve proper economic progress.
Factors of production
Product diversification
Consumer goods
Economic resources
Household is a _____________.
Both 1 & 2
The household creates _______________or various products on the one hand and they also arrange supply of different factors of production on the other.
Economic growth
Economic policy
Demand
The households are __________ in an economy.
Consumption units
Social welfare
Inequality of income
The___________are also the basic economic entities in an economy.
Producers
Consumers
Utility
The supply of various goods and services is possible in any country through the business activities or productive activities of the ____________.
Investor
Supplier