Ask questions which are clear, concise and easy to understand.
Ask QuestionPosted by Akib Ahmad 6 years, 10 months ago
- 1 answers
Prateek Seth 6 years, 10 months ago
Posted by Aashwin Singh 6 years, 10 months ago
- 1 answers
Tanisha Garg 6 years, 10 months ago
Posted by Dk Khanna 6 years, 10 months ago
- 2 answers
Gaurav Seth 6 years, 10 months ago
Minimum and maximum value of multiplier. Value of K depends upon value of MPC or MPS. We know size of MPC cannot be negative, it can be, at the most, zero (minimum value) and maximum value can be 1. Let us take two extreme values (1 and 0) of MPC to find out value of K.
(i) Minimum value of multiplier is l. How?
When MPC = 0, then MPS = 1 – 0 = 1. Hence, 
(ii) Maximum value of K may be ∞ (infinity). How?
When MPC = 1, then MPS = 1 – 1 = 0. Hence 
Between these two extremes (1 and infinity), value of multiplier varies depending upon value of MPC.
Posted by Oishani Saikia 6 years, 10 months ago
- 1 answers
Yogita Ingle 6 years, 10 months ago
When the price is above the equilibrium market price of a good (OP), the price ceiling leads to excess of supply. In the diagram, the equilibrium price and quantity are OP and OQ. As the equilibrium price is low for farmers, the government fixes the price floor, i.e. the price level increased from OP to OP1 which leads to a decline in the quantity demand, and therefore, there is excess supply in the market. Here, the competition will increase among the sellers, and hence, the price will come down to the equilibrium point where market demand is equal to market supply.
Posted by Jhalak Gupta 6 years, 10 months ago
- 2 answers
Dk Khanna 6 years, 10 months ago
Zeenat Anees 6 years, 10 months ago
Posted by Jhalak Gupta 6 years, 10 months ago
- 1 answers
Tanu Saharawat 6 years, 10 months ago
Posted by Deepali Gandhi 6 years, 10 months ago
- 1 answers
Ashwani Karsh 6 years, 10 months ago
Posted by Riya Patidar 6 years, 10 months ago
- 1 answers
Prateek Seth 6 years, 10 months ago
Posted by Tarun Singh 6 years, 10 months ago
- 3 answers
Tanisha Garg 6 years, 10 months ago
Prachi Gupta 6 years, 10 months ago
Ishika Singla 6 years, 10 months ago
Posted by Yashu C 6 years, 10 months ago
- 2 answers
Nabanita Patra 6 years, 10 months ago
Tanisha Garg 6 years, 10 months ago
Posted by Sakshee Singh 6 years, 10 months ago
- 2 answers
Yogita Ingle 6 years, 10 months ago
Production Possibility Curve (PPC) is concave to the origin because of the increasing opportunity cost. As we move down along the PPC, to produce each additional unit of one good, more and more units of other good need to be sacrificed. That is, as we move down along the PPC, the opportunity cost increases. And this causes the concave shape of PPC.
Savita Sahu 6 years, 10 months ago
Posted by Ashwani Karsh 6 years, 10 months ago
- 2 answers
Savita Sahu 6 years, 10 months ago
Posted by Vinita Khetwal 6 years, 10 months ago
- 2 answers
Anjali Parsad 6 years, 10 months ago
Ashwani Karsh 6 years, 10 months ago
Posted by Amit Saharan 6 years, 10 months ago
- 1 answers
Savita Sahu 6 years, 10 months ago
Posted by Mohd. Hamza 6 years, 10 months ago
- 1 answers
Shreya Garg 5 years, 8 months ago
Posted by Rajneesh Jyani 6 years, 10 months ago
- 2 answers
Ashwani Karsh 6 years, 10 months ago
Rajip Chowdhury 6 years, 10 months ago
Posted by Rajneesh Jyani 6 years, 10 months ago
- 0 answers
Posted by Deepali Gandhi 6 years, 10 months ago
- 1 answers
Shreya Garg 6 years, 10 months ago
Posted by Satakshi Choubey 6 years, 10 months ago
- 1 answers
Zeenat Anees 6 years, 10 months ago
Posted by Seema Pal 6 years, 10 months ago
- 1 answers
Ritu Manon 6 years, 10 months ago
Posted by Muskan Megha 6 years, 10 months ago
- 1 answers
Ritu Manon 6 years, 10 months ago
Posted by Rohit Kuma 6 years, 10 months ago
- 1 answers
Muskan Megha 6 years, 10 months ago
Posted by Abhinav Minz 6 years, 10 months ago
- 2 answers
Pragya Tyagi 6 years, 10 months ago
Gaurav Seth 6 years, 10 months ago
The central bank being the apex bank of a country, serve as a banker to all the commercial banks in the country. The reserves of the commercial banks are held by the central bank. These reserves serve as a pool from which the central bank advances money to the commercial banks in times of financial crisis. The central bank supervises, regulates the commercial banks and helps them in case of any financial exigencies.
Posted by Arsh Randhawa 6 years, 10 months ago
- 1 answers
Yogita Ingle 6 years, 10 months ago
Examples of normative statements include: "Women should be granted higher-value education loans compared to those provided to men," "Laborers should receive greater parts of capitalist profits," and "Working citizens should not pay for hospital care."
Posted by Lokesh Lalwani 6 years, 10 months ago
- 2 answers
Posted by Deep Singh 6 years, 10 months ago
- 3 answers
Aniket Gurjar 6 years, 10 months ago
Posted by Vishal Arora 6 years, 10 months ago
- 2 answers
Anjali Parsad 6 years, 10 months ago
Gaurav Seth 6 years, 10 months ago
demonetisation
On 8 November 2016, the Government of India announced the demonetisation of all 500 and 1000 banknotes of the Mahatma Gandhi Series.
Posted by Praharshith Maurya 6 years, 10 months ago
- 2 answers
Nitin Nainani 6 years, 10 months ago
Savita Sahu 6 years, 10 months ago
Posted by Sangram Kumar 6 years, 10 months ago
- 2 answers
Parichay Story 6 years, 10 months ago
Savita Sahu 6 years, 10 months ago

myCBSEguide
Trusted by 1 Crore+ Students

Test Generator
Create papers online. It's FREE.

CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
myCBSEguide
Nishu Ahlawat 6 years, 10 months ago
0Thank You