1. Important Concepts in Micro & Macroeconomics

12345
1.
Which of the following pairings does not represent a set of complementary goods?
2.
If the demand and supply of a commodity increase by an equal absolute amount, what will be the effect on market price?
3.
A rise in price of one commodity will induce a fall in demand of another commodity, then the commodities are___?
4.
Which among the following is a most suitable example of double counting in national income ?
5.
Which among the following is considered to be the best measure of an increase in a country’s economic efficiency?
These questions have been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India.