Microeconomics
is studying economic worth your time and effort
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.
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
What is the base of categorizing receipts into revenue and capital receipts?
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
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
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
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
I have a problem in economics on Greatest Consumer Surplus. Please help me in the following question. Usual Americans undoubtedly derive the greatest consumer surpluses from the: (i) Summer vacations. (ii) Jelly and Peanut butter. (iii) Gold jewellery
Explain the impact of changes in fiscal and monetary policies in curtailing inflation?
18,76,764
1929165 Asked
3,689
Active Tutors
1423619
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!