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प्रश्न
Market Rate of Exchange also denotes ______.
पर्याय
Slope of PPC
Slope of Budget Line
Slope of Indifference Curve
None of these
MCQ
रिकाम्या जागा भरा
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उत्तर
Market Rate of Exchange also denotes Slope of Budget Line.
Explanation:
Market Rate of Exchange is the rate at which one good is exchanged for another in the market. It equals the price ratio and measures the slope of the budget line.
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