Calculating Trade balance
Suppose the value of exports of goods of a country is Rs. 1,000 crores and the value of imports of goods is Rs. 1,200 crores, what will be the trade balance (or balance of trade)?
Expert
Balance of trade = value of exports – value of imports = 1,000 – 1,200. = Rs. - 200 crores
Explain the concept of “economies of scale” and “increasing returns”.
As longer time periods are taken and a bigger range of adjustments (or substitutions) become obtainable, then demand curves tend to become: (1) flatter, as supply curves become steeper. (2) Steeper as supply curves become flatter. (3) Flatter, and therefore do supply
Administrative revenue: Administrative revenueis the revenue which occurs on account of the administrative function of government. It comprise: (a) Fees (college/school) (b) License fees paid to obtain permission to carry out a service (c) Fines and p
Macroeconomics is mainly concerned along with all things as the: (i) decisions individuals and firms make while prices change. (ii) resource usage and technology bases of firms. (iii) levels of national employment and income. (iv) movements within the
Diminishing prices will raise total revenue from DVD game sales at each and every price: (1) On this demand curve. (2) Beneath $25. (3) Above $25. (4) Beneath $30. Q : McConnell Brue Flynn 19e What What relationship does the MPC bear to the size of the multiplier
What relationship does the MPC bear to the size of the multiplier
What is Demand schedule and how it is associated to demand curve?
Open-Economy Macroeconomics Suppose the structure of an economy with a flexible exchange rates is represented by: C = 200 + 0.85*(Y - T) &n
Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?
What do you mean by the term Equilibrium? Also state its proper definition.
18,76,764
1939710 Asked
3,689
Active Tutors
1441472
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!