Why government taken as capital receipt
Why the borrowings by Government are taken as capital receipts?
Expert
Borrowings by Government are capital receipts since they build liabilities or diminish assets. The Government is below obligation to return the amount all along with interest.
What is another name of macroeconomics? Answer: Income theory
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
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What relationship does the MPC bear to the size of the multiplier
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