India's economic reforms have focused on

A) privatizing state-owned enterprises and increasing efficiency.
B) reducing persistent inflation and current account deficits.
C) transitioning from socialism and toward private ownership.
D) reducing exchange rate instability.


A

Economics

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If nominal GDP is $230 for a period and real GDP is $200 for the same period, what is the GDP price index for this period?

What will be an ideal response?

Economics

Under a corrective tax, _____

a. firms always have an incentive to use the least-cost method b. a one-size-fits-all tax will achieve an efficient outcome that maximizes net social welfare c. the deadweight loss caused by externality increases d. equilibrium occurs at a socially optimal level of output and a lower market price

Economics

The behavior of all households and firms together is known as

A. synergy behavior. B. conglomerate behavior. C. aggregate behavior. D. synchronized behavior.

Economics

If employers were made responsible for injuries suffered by employees while working at home:

A. there might be an adverse selection problem since employers have better information about the safety conditions of their employees than the employees have themselves. B. employers would never permit employees to work at home. C. there might be an adverse selection problem since employees have better information about the safety conditions of their own homes than employers do. D. more employees would be able to work safely at home.

Economics