If households
If households become more willing to hold less cash and more stocks or bonds, the
Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &
Macro Economics: Macro economics studies the economy as an entire.
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
What are the Steps to analyze modifications in equilibrium?
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
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
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
The Income effects will be most strongly positive for: (1) Normal goods. (2) Necessities. (3) Superior or luxury goods. (4) Substitutes and much negative for the complements. Find out the right answer from the above options.
In market economies, what are the signals which guide economic decisions?
The origin of economic growth can be traced back to Adam Smith's Wealth of Nations. InSmith's view, economic growth of a nation depends on the 'division of labour' and specialization, and is limited by the limits of div
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