The 'Maternity Benefit Act' was enacted in India in which year? MCQ with Answer and Explanation

Explanation:
Opportunity cost is the value of the next best alternative forgone.

Explanation:
Milton Friedman and Edmund Phelps developed the concept of the natural rate of unemployment, which is the unemployment rate consistent with stable inflation in the long run.

Explanation:
Developing economies often exhibit dualism — coexistence of a modern industrial sector and a traditional agricultural sector with low productivity.