Market system
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
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.
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Macro Economics: Macro economics studies the economy as an entire.
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
In saying that the present system of floating exchange rates is managed we mean that: IMF officials determine exchange rates on a day-to-day basis. countries that allow their exchange rate to move freely will lose their borrowing privileges with the IMF. the value of any IMF member's currency
When a tax on goat cheese is completely paid by consumers via higher prices, then the tax has been: (i) alleviated. (ii) Forward shifted. (iii) Backward shifted. (iv) Actualized. (v) Randomized. Can someone help me in getting throu
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.
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.
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
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