The problem of scarcity and choice making can be depicted using the tool of curve.

Related MCQs

• LM curve shows the equilibrium condition in ---------- market
• The equilibrium in the product market is represented by which curve?
• The IS curve has a------slope
• The LM curve has a------slope
• The perfectly elastic segment of the LM curve is:
• The monetary policy is completely ineffective when the LM curve is:
• Which of the following can cause shifts in consumption function:
• A substantial increase in the rate of interest can cause:
• In MV=PT, if M doubles and V and T remain constant, then P will:
• I classical demand for money, the relationship between money supply and price level is: