Aggregate demand if government budget is deficit
What occurs to aggregate demand if the government budget is in deficit? Answer: The deficit budget raises the aggregate demand since the deficit budget signifies that the quantity of expenses is more than the amount of tax.
What occurs to aggregate demand if the government budget is in deficit?
Answer: The deficit budget raises the aggregate demand since the deficit budget signifies that the quantity of expenses is more than the amount of tax.
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
How would your policy proposals influence the market for parking?
Name the institution that acts as a custodian of nation’s foreign exchange reserves? Answer: The Central Bank is an institution that acts as custodian of natio
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
discuss with the help of IS-LM model why money has no effect on output in classical supply case
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
People in whole the world confront the difficulty of scarcity at always because: (i) restricted resources and times preclude producing all the goods people need. (ii) greedy capitalist monopolies charge excessively high prices. (iii) international mar
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
What is "demand-pull" inflation?
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