The main issues of an economy are:

Identify normative statements from the following :

(A) India has a high population

(B) India should keep a control on population growth rate

(C) High population hampers growth of any country

(D) India should have more equitable distribution

Choose the correct answer from the options given below :

Whether to use more resources in education and health or to use more resources in building military services. Which of the central problems of an economy is accurate for this?

The scarcity of resources in the economy gives rise to the problem of............

Identify, where the point will lie in the production possibility frontier when the resources are either underemployed or are utilized in a wasteful manner

1. A point below the production possibility frontier
2. A point above the production possibility frontier
3. A point on the production possibility frontier
4. A point on or above the production possibility frontier

Which of the following central problems deal with the distribution of final goods and services?

......... is an economy in which there is both the private sector and the government.