What are the strength and weakness
What are the strength and weakness of using per capital national income? give explained answer for query
Describe Okun's law? Give an illustration of how it works.
Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor r
Macro Economics: Macro economics studies the economy as an entire.
Why is recovery of loans taken as a capital receipt? Answer: Recovery of loans is always treated as a capital receipt since it leads to refuse in financial assets o
how many systems of note issue are there??
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
Why the borrowings by Government are taken as capital receipts?
Describe any two measures by which a Central Bank can attempt to decrease the gap. Answer: Central bank can decrease this gap by adopting two measures illustrated b
What is the difference between profit and producer surplus?
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
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