Macroec
Examples of command economies are: a) the United States and Japan b) Sweden and Norway c) Mexico and Brazil d) Cuba and North Korea
Meaning of Cash Reserve Ratio (CRR): It is the percentage of net or total deposits of commercial bank that are maintained by RBI.
The origin of economic growth can be traced back to Adam Smith's Wealth of Nations. InSmith's view, economic growth of a nation depends on the 'division of labour' and specialization, and is limited by the limits of div
‘What occurs in the money market when there is a raise in income?’
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
What occurs to aggregate demand if the government budget is in deficit? Answer: The deficit budget raises the aggregate demand since the deficit budget signifies th
With the help of graph discuss the determinants of transaction demand.
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
WHAT IS THE CHANGE IN EQUILIBRIUM gdp CAUSED BY THE ADDITION OF NET EXPORTS?
18,76,764
1942289 Asked
3,689
Active Tutors
1423332
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!