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.
Explain the concept of “economies of scale” and “increasing returns”.
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
Explain the term Shut Down Price? Illustrate it.
What is meant by the term business cycle as described by economists?
The basic determinant of the transactions demand for money is the
What are the main sources of supply of foreign currencies into domestic economy? Answer: A) Foreigners purchasing home country’s goods and services via exports. B) Foreign investment in home country via
The law of equivalent marginal advantage is violated when people: (1) think about paying a higher price that ensures better quality. (2) elect a general as president while war clouds threaten. (3) fail to allocate similar resources within equally valu
If the price of K declines, the demand curve for the complementary project J will:
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
The equilibrium interest rate is determined
18,76,764
1929789 Asked
3,689
Active Tutors
1414409
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!