Choose the wrong pair: 1. Commodity money

`{:("P 5"),(P_(1)" 6,"),(ulbar(DeltaP" 1")):}" "{:("Q 600"),(Q_(1)" 800"),(ulbar(DeltaQ" 200")):}" "P.e_(S)=(P)/(Q)xx(DeltaQ)/(DeltaP)=(5)/(600)xx(200)/(1)=1.67` Ans. `P.e_(S)=1.67`

`{:(" P 12"),(" P"_(1)" ?,"),(ulbar(Delta"P -1")):}" "{:("Q 1200"),("Q"_(1)" 1600"),(ulbar(DeltaQ" ? ")):}` `P.e_(S)=(P)/(Q)xx(DeltaQ)/(DeltaP)" or "2=(12)/(1200)xx(400)/(DeltaP)` `DeltaP=2` `DeltaP=P_(1)-P" or "2=P_(1)=-12` `P_(1)=14`

Wrong Pair:  Prof. Alfred Marshall – Father of Economics

Wrong Pair: Adam Smith – Scarcity Oriented Definition

1. Electronic money 2. Limited legal tender 3. Japan 4. Electronic money 5. Govt, of India

`E_(s) ` of X `=(40)/(16)=2.5` `therefore " "E_(s)` of Y =`2.5 div 2=1.25` `E_(s)` of Y `=(%"change in supply")/(% "change in price")` `1.25=(%"change in supply")/(8)` % change in supply `=8xx1.25=10`...

Wrong Pair:  Standard coin – face value more than intrinsic value.

Wrong Pair:  Secondary function of money – Medium of Exchange.

Wrong Pair:  Share of the service sector – 10%

Wrong Pair:  Community health centers – 370