economic growth model
Explain the main features of Harrod - Domar Growth model. How does the Harrod Domar model explain the occurrence of trade cycles?
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
Define bank rate policy? How does it operate as a technique of credit control? Answer: Bank rate is the rate at which the central bank provides loans to the commerc
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Let suppose NDPFC is Rs. 1,000 crores, and NFA is Rs. (--) 5crores, then what will be national income (NNPFC)? Answer: NNPFC = NDPFC+NFA = 1000 + (-5) = Rs. 995 crores.
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
Tariffs: -are also called import quotas. -may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). -are per unit subsidies designed to promote exports. -are excise taxes on goods exported abroad.
Describe whether the sale of old scooter is comprised in national income?
What are the “powers of the Federal Reserve
I have a problem in economics on Price ratios and marginal utility ratios. Please help me in the following question. The efficiency in consumption needs equality of: (i) Income distribution. (ii) All product price and resources. (iii) MC and MR. (iv)
18,76,764
1935392 Asked
3,689
Active Tutors
1436710
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!