systems of note issue
how many systems of note issue are there??
How prices allocate resources?
What is the base of categorizing receipts into revenue and capital receipts?
Define bank rate policy? How does it operate as a technique of credit control? Answer: Bank rate is the rate at which the central bank provides loans to the commerc
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
In calculating the GDP national income accountants:
Definition of shortage: It is a condition in which quantity demanded is more than the quantity supplied. The sellers will respond to the shortage by increasing the price of the good till the market reaches the equi
Meaning: - as mentioned above, the balance of payments is a periodic accounting of international economic transactions. Each country having regular economic transactions with other countries prepares periodically the final accounts of their foreign receipts and paymen
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects of the resulting government borrowing? For example – Greece/Ireland/Portugal/Spain situation and the large def
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