Surplus of AD over AS-Inflationary gap
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employment level of employment.
Does a surplus of AD over AS always entail a condition of inflationary gap?
Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employment level of employment.
When cost of a foreign currency increases its supply too increases. Elucidate why?
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
Why the borrowings by Government are taken as capital receipts?
Diminishing prices will raise total revenue from DVD game sales at each and every price: (1) On this demand curve. (2) Beneath $25. (3) Above $25. (4) Beneath $30. Q : What is Equilibrium What do you mean by What do you mean by the term Equilibrium? Also state its proper definition.
What do you mean by the term Equilibrium? Also state its proper definition.
Does full employment take place if AD = AS or S = I?
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
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
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
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