_______ is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Macroeconomics Neo-classical economics Microeconomics Monetarist economics
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Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Which Act abolished the administration system in India?
Pitt’s India Act of 1784 Government of India Act of 1858 Charter Act of 1913 Regulating Act of 1773
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The Regulating Act of 1773 abolished the administration system in India. This was the first step taken by the British government to control and regulate the affairs of the East India Company in India, as well as the first time the Company's political and administrative functions were recognized.
Is the Constitution of India flexible or rigid?
Rigid Flexible Both (a) and (b) None
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Indian Constitution is both a flexible and rigid form of constitution because in some cases it requires a simple majority of people for passing an amendment and in some cases, it requires the majority of people to pass the amendment.
Who prepared the manuscript of the Constitution of India?
Shantiniketan Nandlal Bose Dr. B R Ambedkar Prem Behari Narain Raizada
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Prem Behari Narain Raizada was an Indian calligrapher. He is notable for being the calligrapher who hand-wrote the Constitution of India.
What was the comparative advantage theory of David Ricacrdo?
When a country can produce a good or service at a lower opportunity cost than another country. Pursuit of self-interest, division of labor, and freedom of trade. A theory of free-market capitalism directly opposed to government intervention. A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
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Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
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