CDS | ECONOMY

“A foreigner's purchase a U.S. copyright to a song, book, or film. Its value is based on what it will produce in the future” it will call as?

consider the following

Statement 1: each individual's self-interest to do better, strong competition from others

Statement 2: Laissez faire is the belief that economies and businesses function best when there is no interference by the government.

Which of the following in context with the stages in the evolution of money is not suitable

Consider the following statements with reference to Human development index (HDI):

1) It is calculated by the world bank.

2) Expected years of schooling is one of the indicators of HDI.

3) Norway is the leading country in HDI according to 2018 data.

Which of the statements given above is/are correct?

Consider the following statements regarding GDP Deflator:

I. It is the ratio between GDP at Current Prices and GDP at Constant Price.

II. GDP deflator is acclaimed as a better measure of price behavior because it covers all goods and services produced in the country.

Select the correct answer using the codes given below: