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.
Macro Economics: Macro economics studies the economy as an entire.
With the help of graph discuss the determinants of transaction demand.
Explain the impact of changes in fiscal and monetary policies in curtailing inflation?
Determine the value of MPC whenever MPS is zero? Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
What is another name of macroeconomics? Answer: Income theory
What are the “powers of the Federal Reserve
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.
Meaning of Fiscal policy:Fiscal policy is the set of decisions and principles of a government regarding the extent of public expenses and mode of financing them. It is about the attempt of g
Describe when there will be a surplus of the good?
The equilibrium interest rate is determined
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