Microeconomics
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Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as
What relationship does the MPC bear to the size of the multiplier
Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.
What are the strength and weakness of using per capital national income? give explained answer for query
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax? Answer: These are indirect taxes like sales
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer: Q : Plan and non-plan expenditure Write a Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
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