Balance of Payments : Economics Notes Class 12 : Ecogradeshelp
What is Balance of Payments ? All the countries in the world trade with each other. Each country […]
What is Balance of Payments ? All the countries in the world trade with each other. Each country […]
Investment Multiplier: The concept of investment multiplier suggests that the increase in investment will lead to income
Determination of Equilibrium Income and Output: There are two approaches to determination of the equilibrium income. These are:
Propensity to Save: Saving Function Propensity to save or saving function is the counterpart of the consumption function. Saving
Keynesian Model of Income determination: The simple model of income determination is the short run Keynesian model of
Long Run Equilibrium : Long run equilibrium is defined as the time period during which all the factors of
Equilibrium of the Firm Under Perfect Competition: Question Answers Question 1 : Explain how a firm in perfect competition incurs
Meaning and Characteristics : Perfect Competition: Perfect competition is a market structure in which
Credit Control : Regulatory Role of the Central Bank Monetary management is the most important function of a central bank.
Central Bank and its Functions : Question : Discuss the Various functions performed by the central bank in a