Calculating National Income
Let suppose NDPFC is Rs. 1,000 crores, and NFA is Rs. (--) 5crores, then what will be national income (NNPFC)? Answer: NNPFC = NDPFC+NFA = 1000 + (-5) = Rs. 995 crores.
How prices allocate resources?
What do you mean by the term Competitive market?
Can someone help me in finding out the right answer from the given options. In accord with the theories of Thorstein Veblen, the positional goods from which the owner or user of the good derives the jollies mainly since of the power, class and status signaled by the p
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.
What do you understand by the term Price (P) at Market in Economy?
Gross domestic capital formation is always greater than gross fixed capital formation
What is the base of categorizing receipts into revenue and capital receipts?
Can anybody suggest me the proper explanation for given problem regarding problem of scarcity in economics generally. The problem of scarcity means that the origin for each economic activity is to: (v) facilitate s
Involuntary unemployment: Involuntary unemployment terms to a condition in which people that are willing to work are unable to obtain work.
Explain the concept of “economies of scale” and “increasing returns”.
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