The 'Goods and Services Tax' on manpower supply services is: MCQ with Answer and Explanation

Explanation:
The natural rate of unemployment consists of frictional and structural unemployment.

Explanation:
The services sector is the largest contributor to India's GDP and has been a major driver of growth, particularly through IT, financial services, trade and tourism.

Explanation:
Cost of production affects supply, not the elasticity of demand. Elasticity of demand depends on substitutes, nature of the good, income proportion, time, and habits.