GDP at market prices equals GDP at factor cost: MCQ with Answer and Explanation

Explanation:
Education is often classified as a quasi-public (or merit) good because it is partially excludable and rivalrous but generates significant positive externalities, justifying public provision.

Explanation:
The Periodic Labour Force Survey is conducted by the National Statistical Office.

Explanation:
Under a pure flexible (floating) exchange rate system, the value of the currency is determined by the interaction of demand and supply in the foreign exchange market.