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If the price of K declines, the demand curve for the complementary project J will:
What is Demand schedule and how it is associated to demand curve?
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
In market economies, what are the signals which guide economic decisions?
Describe Okun's law? Give an illustration of how it works.
Fiscal deficit: Fiscal deficit is stated as the surplus of total expenditure over total receipts, apart from borrowings. Fiscal deficit = Total expenditure (Rev. Exp. + Cap. Exp.) – Total Receipts
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