The 'Equal Remuneration Act' was enacted in India in which year? MCQ with Answer and Explanation

Explanation:
National income is a flow variable as it is measured over a period of time. Wealth, capital stock and money supply at a point in time are stock variables.

Explanation:
Hyperinflation is extremely rapid and uncontrollable price inflation.

Explanation:
Wagner's Law posits that as an economy develops, the share of public expenditure in national income tends to rise due to increased demand for public goods and social services.