C. Merit-based is the correct answer (APEX)
This will best distributed through an agent. The most
indirect network is engaged when there are many small producers and many small
shops. An agent is used to help organize a large supply of the product. The new
products need an up-scale outlet, but the electronics company does not have the
sales force to call on thousands of field stores, and there is no sign that the
new products warrant creating one.
Answer:
Abstract Thinking
Explanation:
Abstract Thinking is the ability to think about concepts, objects or idea which are neither associated with any specific instance nor have any physical presence.
It considers paying attention to the hidden meanings which in turn enable you to understand different possibilities.
Answer: Option (A) is correct.
Explanation:
Other things remains constant, a increase in the balanced budget means that the amount by which government spending increases is offset by the identical increase in net taxes.
Increase in government spending will lead to increase the aggregate demand in the economy whereas increase in the net taxes will lead to fall in aggregate demand.
Here both increases by the same amount, but still there is an increase in the aggregate demand but the amount by which aggregate demand increases is less than the amount by which government spending increases.
This is because of the impact of tax and government spending multiplier. Tax multiplier is smaller than the government spending multiplier. All of the increase in government spending will going towards increase the aggregate demand but in taxes a portion of consumption decreased with decrease in the disposable income.