What are the strength and weakness
What are the strength and weakness of using per capital national income? give explained answer for query
In calculating the GDP national income accountants:
Why can be value of MPC be not more than one? Answer: The value of MPC will not be more than one since increment in consumption (ΔC) can’t be more than
Define bank rate policy? How does it operate as a technique of credit control? Answer: Bank rate is the rate at which the central bank provides loans to the commerc
Question: How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world, investment in both economi
Possibilities Food (millions of tons per year) Tractors (millions per year) A 0 30 B 4 28 C 8 24 D 12 20 E 16 14 F 20 8 G 24 0 a. Is it possible for this nation to produce thirty million tons of food per year? Why or why not. b. Is it possible for this nation to produce thirty million
Definition of equilibrium price: It is the price which balances quantity demanded and quantity supplied. The equilibrium price is frequently termed as the "market-clearing" price since both buyers and sellers are p
The equilibrium interest rate is determined
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
What is "demand-pull" inflation?
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