•If the average revenue is a horizontal
line,
margin line will be Identical with average
revenue
•The hypothesis that rapid growth of per
capita income will be associated with a
reduction in poverty is called as
trickle
down hypothesis
•According to Keynes, business cycles are
due to variation in the rate of investment
caused by fluctuation, in the
Marginal
propensity to consumption
•The main emphasis of Keynesian
economics
is on expenditure
•The main feature of the Federal state is
Decentralization.
•Public opinion is the opinion of the
majority
•In India the largest single of current
government expenditure is
•Interest payment of debt
•The demand of a factor of production is
derived
•The first woman to preside over the UN
General Assembly Vijaylakhsmi Pandit
•Pancha siddhantham of Varaha mihira
deals with astronomy
•Rupyaka coins was issued in silver
during the Gupta
period
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