Determining bank problem
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
Expert
Post office saving banks is not bank in the logic that even though they accept deposits from public however do not advance loans to the others.
LIC, UTI and IDBI are also not banks in the logic that even though they do not accept chequeable deposits however advance loans to others.
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
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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 whether the sale of old scooter is comprised in national income?
how to calculate national income under value added method
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
Define the term Supply curve.
Describe Aggregate Expenditure model and also state AD/AS model?
When speculators are right, their actions: (1) Cause already depressed prices to drop/fall further. (2) Raise the risks to another firm of doing business. (3) Prevent price refuses from their peaks. (4) Reduce both the phase of prices and their volatility across time.
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