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A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
Family member to macroeconomics, the microeconomic analysis: (w) was emphasized through economists prior to the Great Depression. (x) is related with the effects of extensive government policies. (y) focuses upon economic development
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
‘What occurs in the money market when there is a raise in income?’
Describe why businessmen mostly wish to open current account in bank?
Why change in stock is considered a portion of final expenditure? Answer: The Unsold stocks left with producers are supposed as purchased by the producers themselve
Whenever consumers paid an amount for water which reflects the value of the net benefits they obtain from consuming it, water would outcome: (1) Maximum consumer excess. (2) Zero consumer excess. (3) Total revenue equivalent to variable cost. (4) Zero
Explain the concept of “economies of scale” and “increasing returns”.
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