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Question 1 of 5
1. Question
A particular country bans the import of 1300 items. Which component of its Aggregate Demand will be LEAST impacted by this event?
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Question 2 of 5
2. Question
“The idea behind ‘Phillips curve’ is that in the short run, fiscal stimulus can increase demand for and price of labour, and companies will pass that on as consumer prices.
Keeping this in view, according to the short run Phillips curve, lower inflation rates are associated with…”
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Question 3 of 5
3. Question
Which of the following situations is LEAST LIKELY to cause inflation?
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Question 4 of 5
4. Question
Mr. Khilnani gives his students the following exercise:
In three columns, divide your 24 hours in the day, among sleep, study and entertainment, as per your preference, for regular school days, weekends, summer vacation, exam days. Now repeat the exercise by keeping sleep constant at 8 hours and dividing the remaining time between study and entertainment.
Which of the following concepts would be MOST appropriate to introduce through this hook?
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Question 5 of 5
5. Question
Standard XI student Geeta says, “Minimum support price (MSP) should be
removed; it spoils the free market for agricultural products”. Which of the following topics should the teacher focus on to deepen her understanding?CorrectIncorrect