ECONOMICS HSC IMPORTANT DISTINGUISH BETWEEN FOR BOARD EXAM

Distinguish between (Any Three) (6)

Average Revenue and Average cost

Central Bank and Commercial Bank.

Convertible paper money and Inconvertible paper money.

Direct demand and Indirect demand.

Expansion of demand and Increase in demand.

Extension of supply and contraction of supply.    

Increase in demand and Decrease in Demand.

Microeconomics and Macroeconomics.

Paper Money and Metallic Coins.