If households
If households become more willing to hold less cash and more stocks or bonds, the
Determine the value of total receipts of government budget when budget deficit is Rs 2,000 crores and the net expenses is Rs 3,000 crores.
Bank rate: This is the rate at which the central bank loans money to commercial bank.
A tax will be backward-shifted totally when the: (i) demand curve is vertical and the supply curve is slopes up. (ii) demand curve slopes down and the supply curve is vertical. (iii) supply curve is perfectly elastic and the demand cu
Question: Some commentators have argued that the failure of the "Supercommittee" is good thing for the economy? Do you argree? Answer: Q : If the MPC is .70 and investment If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Explain the concept of “economies of scale” and “increasing returns”.
Distinguish between full-employment equilibrium and Under-employment equilibrium. Whenever equality among AD and AS is at full employment level it is termed as full employment equilibrium. Although whenever equali
Name the institution that acts as a custodian of nation’s foreign exchange reserves? Answer: The Central Bank is an institution that acts as custodian of natio
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?
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
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