principles of macroeconomics
Explain the concept of “economies of scale” and “increasing returns”.
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
what are the four supply factors of economic growth
Illustrations of macroeconomic aggregates would NOT consist of the: (1) tax responsibilities of a family. (2) unemployment rate. (3) level of national income. (4) supply of money. (5) rate of inflation. Can someone
To begin with, let us recall our three-sector product-market equilibrium model given as C + I + G = C + S + TTo this three-sector model, we now add the foreign trade-the exports (X) and imports
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
What are the strength and weakness of using per capital national income? give explained answer for query
Macroeconomics is mainly concerned along with all things as the: (i) decisions individuals and firms make while prices change. (ii) resource usage and technology bases of firms. (iii) levels of national employment and income. (iv) movements within the
A change in tax rate changes the IS equation, LM equation remaining the same. Let same, let us suppose that the government raises the tax rate from 20 percent to 25 percent<
In calculating the GDP national income accountants:
What is Demand schedule and how it is associated to demand curve?
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