GDP
In calculating the GDP national income accountants:
Evaluate the value of fiscal deficit when primary deficit is 53,000 crores and interest on borrowings is Rs 5,000 crores?
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
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
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
What are the “powers of the Federal Reserve
When a tax on goat cheese is completely paid by consumers via higher prices, then the tax has been: (i) alleviated. (ii) Forward shifted. (iii) Backward shifted. (iv) Actualized. (v) Randomized. Can someone help me in getting throu
Can someone please help me in finding out the accurate answer from the following question. The Income effects are: (i) Adjustments people make since the purchasing power of the given income is modified whenever prices change. (ii) Adjustments people make since the pur
State the Law of supply and explain the factors that affecting supply of commodity
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
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