If households
If households become more willing to hold less cash and more stocks or bonds, the
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
Define the term Supply curve.
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Voluntary unemployment: It refers to a condition when person are not willing to do work at customary market wage rate, though they are receiving a work.
Illustrate whether output generated for self consumption is comprised or not comprised in the value of output? Answer: The output generated for self consumption is
Explain the statement "Hypothes is the basic short run and long run behaviors of the airline industry in a market economy".
When cost of a foreign currency increases its supply too increases. Elucidate why?
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
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