Money-just another good
‘What occurs in the money market when there is a raise in income?’
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Making an understanding of money market. The exercise begins by encouraging students to think of the money market in a customary demand-supply framework. This covers aspects of the money market which cause students troubles: stocks/flows, real/nominal and the ‘price’ of money. This goes on to consider several differences in the demand for money provided Keynesian and Monetarist views.
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Illustrate, why is tax not a capital receipt?
When total revenue to a firm is unaffected by small price modifications, then demand is: (i) Relatively price elastic. (ii) Relatively price inelastic. (iii) Unitarily price elastic. (iv) Vertical. (v) Horizontal. Can someone help
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
In poor countries people spend a big percentage of their income so that APC and MPC are high. Yet, the value of multiplier is low. Explain why?
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax? Answer: These are indirect taxes like sales
Tax revenue: Tax revenue is the revenue which occurs on account of taxes levied by government. Taxes are of two kinds: direct taxes and indirect taxes. Direct taxes are such taxes levied instantly on the property and income of person’s income ta
What do you understand by the term Price (P) at Market in Economy?
What is Supply schedule and how it is related to supply curve?
Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor r
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