Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Predictions which restricting international trade to protect specific industries and “infant” firms would (a) inefficiently decrease aggregate output and employment, (b) raise the market power of the protected firms and their workers, and
Distinguish between full-employment equilibrium and Under-employment equilibrium. Whenever equality among AD and AS is at full employment level it is termed as full employment equilibrium. Although whenever equali
Briefly explain the four supply factors in economic growth?
10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency? Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
In market economies, what are the signals which guide economic decisions?
Let suppose NDPFC is Rs. 1,000 crores, and NFA is Rs. (--) 5crores, then what will be national income (NNPFC)? Answer: NNPFC = NDPFC+NFA = 1000 + (-5) = Rs. 995 crores.
Define revenue receipts. Write the groups in which they are categorized. Answer: Any receipts that do not either make a liability or lead to reduction in assets is
How does an internally held public debt differ from an externally held public debt?
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
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