# Economics GK Questions and Answers Set 25

Economics GK questions and answers Set 25 for competitive exams Quiz  UPSC, SSC CGL General Awareness, NEET, CTET. Economics General Knowledge Questions One Liner for Practice  science Talent Test and Class 10and 12th entrance Test so for

1 .Exceptional Demand curve is that which

2 .The supply of agricultural product is

3 .Price discrimination by monopolist's is done on the basis of

4 .If two products are complements, then their cross Price Elasticity will be

5 .Refrigerator working at chemists shop is an example of

6 .If A and B are complementary goods, then what will be effect if cost of A is increased?

7 .Law of demand shows relationship between.

8 .If there is decrease in price of X, then demand of Y is also decreased, then X & Y are.

9 .Cross Elasticity of demand between Petrol and Car is

10 .For Successful Price discrimination between two market, demand elasticity of production should be.

11 .Extension or contraction of quantity demanded of a product is a result of a change in the

12 .The main determinant of real wage is -

13 .During period of inflation tax rate should.

14 .Demand pull inflation is a condition of

15 .'Price Index' is measured by change in

16 .Inflation distributes money and Income in favour of

17 .Presence of both higher rate of inflation and unemployment is called

18 .Stagflation is a situation of

19 .The relationship between the value of money and the price level is an economy is

20 .Which one is not the measure taken by government to control inflation?

21 .Who gets Minimum profit during inflation?

22 .The process of curing inflation by reducing money supply is called.

23 .With increase in money supply then cost of goods and services will.

24 .Inflation can be checked by

25 .When too much money is chasing too few goods, the situation is-