MGNREGA was enacted in which year? MCQ with Answer and Explanation

Explanation:
Built-in inflation arises from adaptive expectations and the wage-price spiral, where past inflation influences current wage and price setting.

Explanation:
Original sin denotes the inability of most emerging-market and developing countries to borrow abroad in their own currencies, forcing them to issue foreign-currency debt and creating currency mismatches.

Explanation:
When Marginal Cost equals Average Cost, Average Cost is at its minimum. If MC is below AC, AC falls; if MC is above AC, AC rises.