The income elasticity of demand for inferior goods is

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The income elasticity of demand for inferior goods is A. less than one B. less than zero C. equal to one D. greater than one Check Answer Complaint Here As Incorrect Question / Answer

Related Questions Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as A. Letter of Credit (L/C) B. laissezfaire C. inflation D. None of the above Check Answer Complaint Here As Incorrect Question / Answer A tax that takes away a higher propotion of one's income as the income rises is termed as A. indirect tax B. progressive tax C. regressive tax D. propotional tax Check Answer Complaint Here As Incorrect Question / Answer If the price of an inferior good falls, its demands A. rises B. falls C. remains constant D. Can be any of these Check Answer Complaint Here As Incorrect Question / Answer Gross National Income is always more than Net National Income becouse it includes? A. foreign income B. capital consumption allowance C. indirect taxes D. direct taxes Check Answer Complaint Here As Incorrect Question / Answer Which one among the following was not a demand of the Prarthana Samaj? A. Women education B. Widow remarriage C. Raising the age of marriage for boys and girls D. Abolition of untouchability Check Answer Complaint Here As Incorrect Question / Answer

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