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1.	If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.1). Law of demand2). Law of supply3). Law of substitution4). Law of optimal choice
Answer» ANSWER for this QUESTION is OPTION 1

Discussion

2.	The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.1). Current Account2). Savings Account3). Capital Account4). Asset Account
Answer» CORRECT ANSWER is: SAVINGS ACCOUNT

Discussion

Explore topic-wise InterviewSolutions in .

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.1). Law of demand2). Law of supply3). Law of substitution4). Law of optimal choice

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.1). Current Account2). Savings Account3). Capital Account4). Asset Account