Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
What are the strength and weakness of using per capital national income? give explained answer for query
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
Imperfect information at times causes consumer’s attempts to maximize their contentment to fail since: (i) Prospects are imperfectly realized, and trial-and-error prototypes can lead to mistakes. (ii) Sellers might exploit asymmetric information
Explain the concept of “economies of scale” and “increasing returns”.
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
Include graphs and should be 15 pages long
Bank rate: This is the rate at which the central bank loans money to commercial bank.
Why can be value of MPC be not more than one? Answer: The value of MPC will not be more than one since increment in consumption (ΔC) can’t be more than
Describe Aggregate Expenditure model and also state AD/AS model?
What relationship does the MPC bear to the size of the multiplier
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