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Yogita Ingle 7 years ago

With the rise in foreign exchange rate in India, the demand for foreign currency increases. This rise in exchange rate implies depreciation in domestic currency. It encourages exports from a country and discourages imports from rest of the world.

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Yogita Ingle 7 years ago

The law of variable proportion states that as we increase the quantity of only one input, keeping other inputs fixed, the total product increases at an increasing rate (convex shape) in the beginning, then increases at diminishing rate (concave shape) and after a level of output ultimately falls.

Angad Mehra 7 years ago

It states that when more and more variable factor used along a fixed factor a stage must come when mp fall and must be negative
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Yogita Ingle 7 years ago

Law of Diminishing Marginal Utility The law states that as more and more standard units of a commodity are continuously consumed, Marginal Utility derived from each successive units goes on diminishing. It is also called fundamental law of satisfaction

Angad Mehra 7 years ago

Law of diminishing marginal utility states that when consumer takes extra unit of community the utility for extra community nust be fall
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Yogita Ingle 7 years ago

A budget set refers to attainable bundles of a set of two goods, given the prices of goods and the income of the consumer.
Equation of the budget set is P1X1 + P2X2 < M.
where
X1 = Quantity of Good-1
X2 = Quantity of Good-2
P1 = Price of Good-1
P2 = Price of Good-2
A budget line shows various combinations of two goods which a consumer can purchase with the given income and the prices of the two goods, when the consumer spends the entire income.

Abhishek Attri 7 years ago

Budget line is a line showing different combinations of the goods which a consumer can buy given his income ,,Budget set is the set of all those bundles which are available to the consumer with in his income
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Shivang Garg 7 years ago

Reduction in investment expenditure Government expenditure Increase in imports Decline in exports Increase in tax rates
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Esha Sharma 7 years ago

The RBI prints new currency to finance the fiscal deficit.This will increase the money supply in the economy leading to inflation. But if it is done for infrastructural development like building of dams,bridges etc then it may not be inflationary.
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Abhishek Attri 7 years ago

It is the main motive of comm. banks For money creation two assumption are follow 1.All the commercial system is one unit is termed as banks 2.All the transactions are routed through the banks i.e, Payments are made through cheque and receipts are deposited in the banks Formula= Initial deposits × 1/L.R.R
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IT is the maximum unit of the X commodity purchase by the consumer spending all his income in case of X rather than y commodity.
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Esha Sharma 7 years ago

It will be a straight line because of constant MRS
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Harsh Mishra 7 years ago

Holi kee Raat bhi, You are talking about Studies, Bhai, Huh that's Worthless......
  • 1 answers

Krishanu Saxena 7 years ago

Liquid assets are those assets which convertable into cash under a financial year. Liquid assets = Current asset - prepaid-inventory
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Angad Mehra 7 years ago

Indifference curve is a curve that shows different combinations of two goods which give same satisfaction to consumer

Preeti Bhatt 7 years ago

Indifference curve shows various combinations of two commodities which gives equal satisfaction to the customer.
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It is the upper limit of commodity fix by the governments. It is applicable when price rises unprecedented. T

Krishanu Saxena 7 years ago

In this we give the maximum price to sell a commodity.
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So tell me the diahrams bro so i prepare for my exam

Bhavya Nagpal 7 years ago

No graphs only diagrams bro
  • 2 answers

Shanaya Singh 7 years ago

Hard working and study

Nipun Jha 7 years ago

Study
  • 1 answers

Esha Sharma 7 years ago

When net factor income from abroad is zero
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I think 1st stage... As TP increses at an incresing rate and MP of each variable factor rises. As every additional variable adds more to the total output.
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Avadhi Badjatya 7 years ago

Now answer me...... Ques. Money created by commercial banks is sometimes more than their cash reserves .Explain with an example .

Avadhi Badjatya 7 years ago

Real GDP values the current year output at some base year prices. Nominal GDP values current year prices .
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Thanks abishek

Abhishek Attri 7 years ago

The ppc will rotate only when the two conditions are available 1.Improvement in technology in case of one good 2.Growth of resources in case of one good When any two condition is fulfill the ppc will rotate rightward shift in case of only one good not for another good
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Rajat Katkani 7 years ago

Saving function can be defined as the functional relationship between saving and income symbolically, S=-c+(1-mpc)y Where S is saving C is autonomous consumption Y is income
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Rajat Katkani 7 years ago

In context of equilibrium level of output equilibrium level of output is equal to employment and income or we can say that output employment and income go on hand on hand the equilibrium level of output is determined at the intersection of saving and investment curves

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