balance of trade
IN which situation, there is a deficit in the balance of trade.
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
what can be the minimum value of investment multiplier?
Hello guys I need your advice. Please advise your view for following economics problems. Microeconomic goals consist of: (w) full employment. (x) efficient allotments of resources. (y) price level stability. (z) ec
The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)
Describe why businessmen mostly wish to open current account in bank?
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.
The basic determinant of the transactions demand for money is the
The demand for a resource will increase if the
The value of nominal GNP of an economy was Rs. 2,500 crores in a specific year. The value of GNP of that country throughout the same year, computed at the prices of some base year was Rs.3000 crores. Evaluate the value of GNP deflator of the year in terms of percentag
Imperfect information at times causes consumer’s attempts to maximize their contentment to fail since: (i) Prospects are imperfectly realized, and trial-and-error prototypes can lead to mistakes. (ii) Sellers might exploit asymmetric information
18,76,764
1932742 Asked
3,689
Active Tutors
1449609
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!