national income
how to calculate national income under value added method
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
Definition of shortage: It is a condition in which quantity demanded is more than the quantity supplied. The sellers will respond to the shortage by increasing the price of the good till the market reaches the equi
How can governments seek to control their national economies through fiscal and monetary policies?
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Define Break Even point? Elucidate with the help of saving function. Answer: Breakeven point is a point where consumption equals to income and saving is equivalent t
Why the borrowings by Government are taken as capital receipts?
the most frequently asked question on foreign direct invetment
If disposable income increases from Rs. 1,000 to Rs. 1,100, savings increase by Rs. 30. Determine the marginal propensity to save and marginal propensity to consume?
What is meant by the term business cycle as described by economists?
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