Given below are 2 sets of statements in column I and column II. Match the statements in different columns (column 1 and 2 ) to make a correct pair.
Alternatives:
Answer & explanation
Correct answer: option 3
The correct answer is option 3: i-c, ii-d, iii-a, iv-b
Keynes was a British economist.
Smith was a Scottish person.
Budget line is studied under microeconomics.
Capitalist economy works on profit motive unlike socialist economy which works according to the need of people.