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Question 17

Giving two factors of production, X and Y, and "X-saving" is technological change refers to the case where the new Y/X ratio is

  • A.Negative
  • B.Less than the original
  • C.Equal to the original
  • D.Greater than the original
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2011/2012
Question no.
#17
Type
Objective
Previous · Q16The primary measure of National Output of goods and services during a given… Next · Q18 An increase in consumer spending leads to a proportionally larger increase in…

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