GDP
In calculating the GDP national income accountants:
Give some objective of government Budget. Answer: The objectives which are pursued by government via the budget are as follows: A) To attain economic growth. B) To decrease in equalities in income and wealth.
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Does full employment take place if AD = AS or S = I?
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive. (3) Proportional. (4) Unbiased. (5) Recessive.
Government tax and transfer payments generally
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Whenever you dine at an “all-you-can-eat” buffet, the rational consumption prototype is to carry on eating till: (1) The restaurant goes bankrupt. (2) You have eaten as much food as it would encompass cost had you made your own meal at hom
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
In what respect foreign trade will be helpful in eliminating the adverse economic influences of deficient demand? Answer: Export increases the demand for services a
18,76,764
1954447 Asked
3,689
Active Tutors
1445741
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!