Define revenue deficit
Revenue deficit: Whenever revenue expenses are greater than revenue receipts, it is termed as revenue deficit.
Elucidate Production Possibility curve with the help of a diagram? Answer: The Production Possibility Curve refers to a curve that shows various production possibil
Assume that this market is initially within equilibrium along with a supply of funds consequent to S0 and a demand for loanable funds consequent to I1. When the U.S. Department of the Treasury be
This illustrated graph is most consistent along with the environment confronted through a: (w) purely competitive firm which makes economic profit within the short run. (b) monopolistically-competitive firm into long run equilibrium. (c) firm along with oligopoly powe
Specified the shifts demonstrated in the market for peanuts, there is the: (1) price will fall.(2) quantity of output will rise slightly. (3) supply has fallen while demand has grown. (4) main adjustment happens in the quantity exchanged. (5) va
At point b, in demonstrated figure the supply curve into this graph is: (w) perfectly elastic. (x) elastic, but not perfectly that why. (y) unitarily elastic. (z) inelastic. Q : Reform welfare mess Proposals to reform Proposals to reform the “welfare mess” comprises: (w) increasing education levels. (x) increasing job training programs. (y) enforcement of the Equal Pay Act. (z) negative income taxes. How can I solve
Proposals to reform the “welfare mess” comprises: (w) increasing education levels. (x) increasing job training programs. (y) enforcement of the Equal Pay Act. (z) negative income taxes. How can I solve
Which of the given behaviors is least reliable with standard economic suppositions regarding consumer behavior? (i) Gustav cannot decide which of three distinct combinations of goods he favors. (ii) Lynn hates pickled herring; however Chris is willing
The group which ultimately makes investment in an economy possible is: (1) business firms. (2) households which consume less than their disposable incomes. (3) banks. (4) savings and loan associations. (5) financial tycoons. Q : Economic profits by competitive Economic profits produce competitive pressures which cause: (w) each firm’s output to shrink during the short run. (x) an industry’s output to increase. (y) market prices to increase. (z) firms to leave an industry. Q : Rate of return by perpetuity price A A perpetuity currently priced at $5000 which will pay $200 annually all times generates a rate of return of: (w) 4%. (x) 4.8%. (y) 5%. (z) 3.5%. Hey friends please give your opinion for the problem
Economic profits produce competitive pressures which cause: (w) each firm’s output to shrink during the short run. (x) an industry’s output to increase. (y) market prices to increase. (z) firms to leave an industry. Q : Rate of return by perpetuity price A A perpetuity currently priced at $5000 which will pay $200 annually all times generates a rate of return of: (w) 4%. (x) 4.8%. (y) 5%. (z) 3.5%. Hey friends please give your opinion for the problem
A perpetuity currently priced at $5000 which will pay $200 annually all times generates a rate of return of: (w) 4%. (x) 4.8%. (y) 5%. (z) 3.5%. Hey friends please give your opinion for the problem
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