Formula for primary deficit
What is the formula for primary deficit? Answer: Primary deficit = fiscal deficit – interest payment.
What is the formula for primary deficit?
Answer: Primary deficit = fiscal deficit – interest payment.
Determine the relationship among APC and APS? Answer: APC + APS = 1.
The interest rate will probably fall when households decide to: (w) consume more currently, shrinking the loanable funds obtainable for business investments. (x) buy new homes in place of restoring their old ones. (y) increase the liquidity of their a
Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
Revenue deficit in government budget: Whenever the revenue expenses of the government is more than the revenue receipts it is termed as revenue deficit Revenue expenditure > Revenue receipts
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Marginal rate of Substitution (MRS): It is the rate at which a consumer is prepared to give up one good to get the other good.
What happened when demand and supply curve do not intersect with each other? Answer: The outcome is: Economically non–viable industry.
Assume that an existing apartment complicated is predicted to generate a consistent net of $1,250,000 cash flow per year into rent, after deducting all recurring variable costs (for example, taxes, utilities, and maintenance). When th
Jana chugs 5 big cups of Gatorade in five minutes after winning the marathon. Jana’s marginal utility is much likely to be: (1) Equivalent for each cup as she was very thirsty. (2) Maximized at 3 cups, when she is reaching the equilibrium. (3) Diminishing whenev
James and Louisa each have an income of $30, which they each spend on tomatoes and all other goods. They buy tomatoes at their local farmers market, which charges $3 per pound. Define the units for all other goods so that their price is $1 per unit.
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