Environmental Economics — Economics STD 12 — Question

Which of the following is not correctly matched:

…………………….. is considered as a better Indicator of economic welfare?

“Money is what money does” ………………………… this definition was given by –

(i) Viner constructed another index called “Double Factoral terms of Trade”.
(ii) Viner has devised another concept called the “Single factoral terms of trade”.

……………………….. items means the imports and exports of services and other foreign transfer transactions.

Write the Four Sector Model of National Income?

The modem economy is described as –

Assertion (A): Keynes Law of propositions – when Income increases, consumption expenditure also increases but by a smaller amount.
Reason (R): Keynes Law of propositions – Increase in Income always lead to an increase in both consumption and saving.

Statistics is applied in every sphere of ………………………….

The WTO was established in 1995 as a 28 successor to the …………………….