Define involuntary unemployment
Involuntary unemployment: Involuntary unemployment terms to a condition in which people that are willing to work are unable to obtain work.
Determine the value of total receipts of government budget when budget deficit is Rs 2,000 crores and the net expenses is Rs 3,000 crores.
Elucidate the concept of deflationary gap. Answer: Deflationary gap is the deficit in aggregate demand from the level needed to maintain full employment equilibrium
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
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
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
Imports and American cars are much close however not perfect replacements. When the U.S. govt. tried to enhance American car sales by setting a price ceiling of P1 on imported cars: (i) The quantity of cars imported will drop/fall from Q0 to Q1. (ii)
I help with part 2 and the 4 part question.
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
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