HSC ECONOMICS IMPORTANT DO YOU AGREE DISAGREE FOR BOARD EXAM

Q5. Explain with reasons whether you ‘agree’ or ‘disagree’ with the following statements (Any Three) (12)

Aggregate demand depends only on the consumption expenditure.

Aggregate supply is influenced only by availability of natural resources.

Barter system did not have any difficulty.

Bank rate is a quantitative measure of credit control.

Central bank is called the bankers’ bank

Commercial Bank provides many general utility services.

Commercial bank can create credit on the basis of primary deposits.

Commercial banks cannot create credit money.

General acceptability is the only quality of good money.

Good money has many qualities.

Various factors influence the demand for a commodity.