Electricity generated from water is called _________.

India has a _________ income tax system.

_________ countries are more subject to cyclical fluctuations.

Estate duty was levied on the _________.

Net national product at market price minus net indirect taxes is equal to _________.

A market structure in which many firms sell products that are similar but not identical is known as

If marginal revenue exceeds marginal cost, a monopolist should _________.

If consumers always spend 15 percent of their income on food, then the income elasticity of demand for food is _________.

If a fisherman must sell all of his daily catch before it spoils for whatever price he is offered, once the fish are caught the fisherman’s price elasticity of supply for fresh fish is _________.

Suppose you find Rs 100. If you choose to use Rs.100 to go to a football match, your opportunity cost of going to the game is _________.