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Match the Following Words from Group 'A' and 'B'. - Economics

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Question

Match the following words from group 'A' and 'B'.

Group 'A'
Group 'B' 
(a) Prestigious goods
(1) Average cost
(b) Total Revenue / Total Quantity
(2) Transfer payment
(c) Labour
(3) Qualitative credit control.
(d) Unemployment allowance
(4) Rent
(e) Direct action
(5) Quantitative credit control.
 
(6) Exception to the law of demand.
 
(7) Wages
 
(8) Average revenue.
Match the Columns
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Solution

Group 'A'
Group 'B' 
(a) Prestigious goods
(6) Exception to the law of demand.
(b) Total Revenue / Total Quantity
(8) Average revenue.
(c) Labour
(7) Wages
(d) Unemployment allowance
(2) Transfer payment
(e) Direct action
(3) Qualitative credit control.
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2018-2019 (March) Set 1
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