I.Com Part 1 Principles of Economics Chapter 12 International Trade Short Question Preparation


11th Class Principles of Economics
Chapter 12 International Trade Preparation

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11th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

Try The Short Questions For ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

  • Total Questions10

  • Available Sets3

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Principles of Economics ( English Medium) - ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation

Question # 1

What is cost push inflation ?

  • Ans 1: When general price level increases due to increase in cost of production is known as cost push inflation.
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Prepare Complete Set Wise Questions For Chapter 12 "ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation "

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 1

Question # 1

What is cost push inflation ?

  • Ans 1: When general price level increases due to increase in cost of production is known as cost push inflation.
Submit

ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 2

Question # 1

Define deflation.

  • Ans 1: When general price level decreases continuously it is known as deflation
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ICOM Part 1 Economics English Medium Chapter 12 Short Questions Preparation - Set 3

Question # 1

Write four functions of money.

  • Ans 1: 1. A medium of exchange.
    2. A standard of value.
    3. A store of value
    4. A standard of deferred payments.
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11th Class Principles of Economics Chapter 12 Preparation

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