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A country is advised to devalue (reduce external value of) its currency only when its exports face:

A. Inelastic demand in foreign markets

B. Elastic demand in foreign markets

C. Unit elastic demand in foreign markets

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. A mixed economy is characterized by the coexistence of:
  2. All money costs can be regarded as:
  3. Ordinal approach includes arranging:
  4. In the long-run competitive equilibrium:
  5. Marginal cost is always:
  6. Marginal utility is only meant for:
  7. If two goods are perfect substitutes then IC will be:
  8. A monopolist will fix the equilibrium output of his product where the elasticity of his average revenue…
  9. The game theory is concerned with:
  10. The elasticity of demand is equal to slope of demand function divided by:
  11. Which of the following is not characteristic of perfect competition?
  12. Conditions of perfect competition ensure:
  13. When elasticity of demand is less than one (e
  14. The Law of Diminishing Marginal Returns can be explained in terms of:
  15. MC is given by:
  16. A monopolist:
  17. According to Chamberlin, the activity of a monopolistic competitive firm:
  18. If the demand curve is horizontal then its slope is:
  19. Demand for a commodity is elastic when it has
  20. MC curve is:
  21. In non-collusive oligopoly firms enter into:
  22. Which of the following formulae explain the term average revenue?
  23. When the consumer is in equilibrium not only his income is fully spent, but the ratio of marginal utility…
  24. If less is demanded at the same price or same quantity demanded at a lower price, it is a case of:
  25. Who formulated the Post-Keynsian Theory of Distribution and Growth?
  26. Which is not an essential feature of a socialist economy?
  27. Elasticity of Substitution (s) is defined as:
  28. According to translog production function, elasticity of substitution is:
  29. Most of the supply curves with which the average consumer deals are:
  30. Price elasticity of demand can be measured in the following way: