national income
how to calculate national income under value added method
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
If the price of K declines, the demand curve for the complementary project J will:
Use economic theory to explain the inflation movements and factors influencing it. Use relevant models to explain the impact of changes in fiscal and monetary policies in curtailing inflation.
‘What occurs in the money market when there is a raise in income?’
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
Evaluate the value of fiscal deficit when primary deficit is 53,000 crores and interest on borrowings is Rs 5,000 crores?
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Explain the concept of “economies of scale” and “increasing returns”.
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 are the “powers of the Federal Reserve
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