determinants of transaction demand.
With the help of graph discuss the determinants of transaction demand.
Explain the impact of changes in fiscal and monetary policies in curtailing inflation?
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
Distinguish between full-employment equilibrium and Under-employment equilibrium. Whenever equality among AD and AS is at full employment level it is termed as full employment equilibrium. Although whenever equali
discuss with the help of IS-LM model why money has no effect on output in classical supply case
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
Describe open market operations? What is its consequence on availability of credit? Answer: Open market operations signify the purchase and sale of government secur
Redistribution of Income: Each and every economy strives to achieve a society, where inequality of income and wealth must be minimum. In order to attain this objective via government budget the government spends adequate money on social security schem
From the heterodox approach, what options does the enterprise have to produce more output? What impact do these options have on its cost structure?
Explain the concept of “economies of scale” and “increasing returns”.
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