Multiple Choice
The curve which explains relationship between tax rate and tax revenue is called
A) laffer curve
B) kuznets curve
C) lorenz curve
D) none of these
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Liquidity trap is a situation when,<br>A)all potential
Q5: According to New classical Economics<br>A)anticipated policy change
Q6: According to New Classical Economics Philips curve
Q7: In Classical system how to correct an
Q8: The efficiency wage model is associated with<br>A)new
Q10: The New Classical economics was developed against
Q11: The Menu cost model is associated with<br>A)new
Q12: Inflation can be contained by<br>A)surplus budget<br>B)increase in
Q13: The classical model of economic development emphasises<br>A)laissez-faire
Q14: Assertion (A): According to Keynes, individuals hold