CGL 23 25-07-2023 Shift 1


Question 1


The country can improve its balance of payments by devaluation when the sum of elasticity of demand for exports and imports is ________.

निर्यात और आयात के लिए मांग की लोच का योग ________ होने पर देश अपने भुगतान शेष में अवमूल्यन द्वारा सुधार कर सकता है।

Options

A

zero

zero

B

less than unity

less than unity

C

greater than unity

greater than unity

D

equal to unity

equal to unity


Solution:

Correct Answer:

C

greater than unity

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