If households
If households become more willing to hold less cash and more stocks or bonds, the
Equilibrium quantity: It is the quantity supplied and the quantity demanded at equilibrium price.
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
What is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.
What possible fiscal policy actions can be taken with respect to expenses and income to accurate excess demand and deficient demand in economy? Answer:
Define fiscal policy? Answer: Fiscal policy is the revenue and expenditure policy of government with a view to combat the state of inflationary or deflationary gap
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
Define the term Supply curve.
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