Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Does full employment take place if AD = AS or S = I?
Illustrate, why is tax not a capital receipt?
Define Break Even point? Elucidate with the help of saving function. Answer: Breakeven point is a point where consumption equals to income and saving is equivalent t
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
Implication of Fiscal deficit A) It raise the supply of money in the economyB) It rises financial burden for future generation.C) It is the cause of inflation.
Question: Changes in currency supply and demand can be traced back to changes in fundamental supply and demand in foreign and domestic i._____________________ markets and foreign and domestic ii.___________________
Whenever longer periods are considered and hence bigger ranges of adjustments (that is, substitutions) become probable, demand curves tend to become: (i) Flatter, and therefore do supply curves. (ii) Flatter, as supply curves become steeper. (iii) Ste
Explain the concept of “economies of scale” and “increasing returns”.
What is the base of categorizing receipts into revenue and capital receipts?
In June 2005, a Big Mac sold for 6,000 pesos in Colombia and $3.00 in the United States. The exchange rate in June 2005 was 2,300 pesos per dollar. So, on Big Mac purchasing power parity grounds the Colombian peso was
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