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Gaurav Seth 4 years, 3 months ago
15-60 को एक उत्पादक श्रम शक्ति के रूप में माना जाता है
स्पष्टीकरण: 15-60 आयु वर्ग के लोगों की शिक्षा और स्वास्थ्य है और उन्हें नौकरी के साथ-साथ प्रशिक्षित किया जा सकता है। इस प्रकार वे समाज में बड़े पैमाने पर योगदान करते हैं।
Gaurav Seth 4 years, 3 months ago
ans: 15-60 are treated as a productive labour force
Explanation: People falling in the age group of 15-60 have the education and health and can be trained on-the-job as well. They thus contribute extensively to the society.
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Yogita Ingle 4 years, 3 months ago
Microeconomics is the study of the economic behavior of individuals, households and firms’ in decision making and allocation of resources.
Microeconomics is concerned with:
- Supply and demand in individual (Textile Market) markets
- Individual consumer behaviour. e.g. Consumer choice theory
- Individual producer behavior.
- Individual labour markets, g. demand for labour wage determination in that individual market
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Yogita Ingle 4 years, 3 months ago
The expenditure method of calculating National Income or Gross Domestic Product takes into account the final goods and services produced in a country during a period of time.
The formula for calculating national expenditure is
National Income = C + I + G + (X−M)
Where,
C = Consumption by residents of the nation
I = Investment
G = Government spending
X = Exports
M = Imports
Or National Income = C + I + G + NX
Where,
Net Exports (NX) = Exports – Imports
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Gaurav Seth 4 years, 3 months ago
Trade policy can be defined as a goal, rules, standard, goals, and regulations that are involved in trade between countries. These policies are particular to a specific country and are formed by its public officials. A country’s trade policy covers taxes imposed on inspection regulations, import and export, and tariffs and quotas.
Under this policy, the government protects domestic manufacturers from foreign competition. The protection from import is done in two forms:
- Quotas- It specifies the number of goods that can be imported.
- Tariffs- It is a tax that is imposed on imported products; this tax makes imported products more costly and discourages their use.
The purpose of quotas and tariffs is to restrict imports and, hence, protect domestic industry from foreign competition.
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