What is substitutes
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
planned investment. planned saving. the difference between planned saving and actual saving. the difference between planned investment and actual saving.
discuss with the help of IS-LM model why money has no effect on output in classical supply case
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
What possible fiscal policy actions can be taken with respect to expenses and income to accurate excess demand and deficient demand in economy? Answer:
Task 1 – Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins! Calculate- a) The monetary base. b) The bank
Threats of SWOT analysis: • Possible threat from other banks and other financial institutions • There is always a possible threat of market fluctuations. By this we me
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
Methadone programs for addicts are intended at reducing illegal heroin traffic through: (i) decreasing the heroin supply. (ii) increasing the price of heroin. (iii) decreasing the demand for heroin. (iv) executing drug dealers. Hel
I have a problem in economics on Expanding consumption of a good. Please help me in the following question. Your consumption of a good tends to expand if it’s: (i) Relative marginal utility surpasses its relative price. (ii) Total utility is les
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