A rational person does not act unless _________.

Consumer surplus is the area _________.

If an increase in the price of blue jeans leads to an increase in the demand for tennis shoes, then blue jeans and tennis shoes are _________.

Trade-offs are required because wants are unlimited and resources are _______.

GINI index measures:

If demand for goods and services is more than their supply, the resultant inflation is:

NIXI stands for:

If out of 100 people in the labour force, 92 are in the work force, the number of people unemployed is:

When some people in a society are unwilling to work at the prevailing wage rate and there are people who have income from property or some other sources and need not work, such people are:

Which of the following involve a trade-off?