International Economic Organisations — Economics STD 12 — Question

Currency notes in circulation are referred to as –

Match the following :
A. Karl Pearson – (i) Regression
B. Measures of dispersion – (ii) Standard Deviation
C. Sir. Francis Galton – (iii) Absolute
D. Stepping back towards the average – (iv) Correlation

Assertion (A):
The major economic activities include transportation, banking, advertising.
Reason (R): The major economic activities include only Industrial development.

Which of The Following Is Correctly Matched.

Pick the odd one out : MEC – Short Run Factors

Assertion (A): The countries which adopt free market mechanism [Laissez faire] enjoy better growth rate compared to controlled economies.
Reason (R): It may be true for some countries but not every country.

(i) Bougett refers to a small purse.
(ii) Budget estimates are prepared by public finance.

Which of the following is not correctly matched.

Find the odd one out : Based upon the number of variables studied as

Assertion (A): According to say, “when goods are produced by firms in the Economy”.
Reason (R): There was no single theory which could be labeled as classical theory of employment.