closed economy
Hello. I need help with my assignment, I was sick and lost alot of time.My submission deadline is tomorrow i need your help i have attached the questions Thanks in advance
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
The consumer gains from being capable to purchase at a single price rather than paying all that the particular quantity of the good is subjectively worth are: (i) Adverse selections. (ii) Market exploitation. (iii) Consumer surpluses. (iv) Moral hazards.
What points out zero primary deficits? Answer: Zero primary deficits signify that the government has to resort to borrowings simply to make interest payments.
For the firm, the major goal of profit sharing plans is to:
The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Explain the impact of changes in fiscal and monetary policies in curtailing inflation?
Gross domestic capital formation is always greater than gross fixed capital formation
How does an internally held public debt differ from an externally held public debt?
In market economies, what are the signals which guide economic decisions?
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