Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help
State the Law of supply and explain the factors that affecting supply of commodity
How can Equilibrium of a market be exist?
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
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 points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
What is meant by the term business cycle as described by economists?
The consumer maximizes the utility whenever spending patterns causes: (i) Total outlays to increase each time prices are altered. (ii) Marginal utilities of each and every good consumed to be equivalent. (iii) Marginal utilities from the last cent spent on each and ev
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