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  • 1 answers

Sanskriti Tiwari 6 years, 10 months ago

Full book obviously
  • 2 answers

Riya Jain 6 years, 10 months ago

Gaurav seth are you student or teacher??

Gaurav Seth 6 years, 10 months ago

<th>BASIS FOR COMPARISON</th> <th>BALANCE OF TRADE</th> <th>BALANCE OF PAYMENT</th>
Meaning Balance of Trade is a statement that captures the country's export and import of goods with the remaining world. Balance of Payment is a statement that keeps track of all economic transactions done by the country with the remaining world.
Records Transactions related to goods only. Transactions related to both goods and services are recorded.
Capital Transfers Are not included in the Balance of Trade. Are included in Balance of Payment.
Which is better? It gives a partial view of the country's economic status. It gives a clear view of the economic position of the country.
Result It can be Favorable, Unfavorable or balanced. Both the receipts and payment sides tallies.
Component It is a component of Current Account of Balance of Payment. Current Account and Capital Account.
  • 1 answers

Divyansh Jain 6 years, 10 months ago

It means to use resources in such a manner so that it will avalaible to our future generations
  • 2 answers

Lakshita Sharma 6 years, 10 months ago

Perfect answer shruti....

Shruti Laddha 6 years, 10 months ago

Production possibility curve is a curve which shows all possible combinations of 2 goods which a economy can produce with given resources and available technology,assuming that resources are fully and efficiently utilised.
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  • 1 answers

Pragya Tyagi 6 years, 10 months ago

Full and efficient utilisation of resources without any wastage is economising of resources.
  • 3 answers

Riya Jain 6 years, 10 months ago

AC is constant

Manas Jain 6 years, 10 months ago

Then AC is at the minimum point

Rahul Sharma 6 years, 10 months ago

Equal to marginal cost ?
  • 3 answers

Tanisha Garg 6 years, 10 months ago

0.53,-0.80,-0.87,-3.1.......negative sign is not considered while ascending the order because it shows only that there is negative relationship between demand and price

Shagun Vishwakarma 6 years, 10 months ago

-0.53, -0.80, -0.87, -3.1

Pretty Girl 6 years, 10 months ago

-3.1, -0.87, -0.80, -0.53
  • 1 answers

Tanishka Mittal 6 years, 10 months ago

Implicit cost is the hidden cost or generated from self owned resources
  • 2 answers

Guddu Kumar 6 years, 10 months ago

It indicates growth of resources and improvement of technology

Gaurav Seth 6 years, 10 months ago

ightward shift of ppc indicates increase in resources and improvement in technologies. 

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  • 5 answers

Harsh Jain 6 years, 10 months ago

When his profit is increasing at tht price level

Umesh Vashistha 6 years, 10 months ago

Short run mai kisi bhi pharm ki cost kam hoti hai or long run mai cost increase hoti chali jati hai. Ok

Umesh Vashistha 6 years, 10 months ago

When supply is more then this condition is excess supply. Market equilibrium is S=D.

Umesh Vashistha 6 years, 10 months ago

Mr=mc Mc should be increasing.

Tanisha Garg 6 years, 10 months ago

When cost of production get falls
  • 1 answers

Pretty Girl 6 years, 10 months ago

when the actual demand for a commodity is greater than the planned demand, which is planned by the government
  • 1 answers

Umesh Vashistha 6 years, 10 months ago

Numerical problem es ch. Se aati hai ok. Multiplier k, consumption function and saving function pr question aata hai 100% . Plz revision jarur kre tab hai aap numerical problem kr paaoge ok.
  • 1 answers

Shweta Aggarwal 6 years, 10 months ago

Inflationary gap refers to the situation in which aggregate supply is less than the aggregate demand. It means AD>AS
  • 1 answers

Abhishek Thakur 6 years, 10 months ago

Foreign exchange is a market where foreign currency is bought and sold.
  • 4 answers

Mayank Tripathi 6 years, 10 months ago

A consumer is in equilibrium when the condition is satisfied that is the ratio of MUxof Px is equal to MUyof Py

Shilpa Kathor 6 years, 10 months ago

MUx/Px=MUy/Py

Abhishek Thakur 6 years, 10 months ago

It is a situation when consumer can maximise his satisfaction when he spents his entire income on the consumption of two goods in such a manner that the satisfaction from each additional rupee spent on two commodities are same.

Sandeep Nayak 6 years, 10 months ago

consumer equilibrium refers to a situation in which a consumer derives maximum satisfaction with the given price of 2 commodities and income of consumer
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Riya Jain 6 years, 10 months ago

Ye question mere viva me poocha tha external ne

Abhishek Thakur 6 years, 10 months ago

Economy is a system which provide livelihood to the people. Economics is a subject which studies how to allocate scarce resources in such a manner that consumer can maximize its satisfaction, producer can maximize its profit and society can maximise its welfare.
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Abhishek Thakur 6 years, 10 months ago

When fiscal deficit is equals to interest payment. It means government borrow only to make payments for its interest and not for any consumption purpose. It shows fiscal discipline.

Ritu Manon 6 years, 10 months ago

Primary deficit is fiscal deficit - interest payment. So if fiscal deficit of current year and interest payment on previous borrowings are equal then ur primary deficit will be 0
  • 4 answers

Nidhi Gupta 6 years, 10 months ago

Indifference curve shows combination of two goods which gives same level of satisfaction . Each point in ic curve given same level of satisfaction

Abhishek Thakur 6 years, 10 months ago

Indifference curve is a graphical presentation of two goods which represent same level of satisfaction.

Abhishek Thakur 6 years, 10 months ago

Different IC provides different level of satisfaction so that it is not possible to intersect wach other.

Naveen Soni 6 years, 10 months ago

What is indifference curve
  • 1 answers

Abhishek Thakur 6 years, 10 months ago

1) Perfectly elastic demand curve is parallel to X-axis. 2) Perfectly inelastic demand curve is parallel to Y-axis. 3) unitary elastic demand curve is rectangular hyperbola. 4) more than unitary elastic or relatively elastic demand curve is downward sloping flatter demand curve. 5) less than unitary elastic or relatively inelastic demand curve is downward sloping steeper demand curve.
  • 2 answers

Abhishek Thakur 6 years, 10 months ago

It means at any point on this curve vertical distance is equal to horizontal distance. So, that AS is identical with income.

Ritu Manon 6 years, 10 months ago

It means that change is at constant rate
  • 1 answers

Devendra Kumar 6 years, 10 months ago

Jarur but value added method is simple Pls upload multplier numericals Chapter - aggregate demand and its component
  • 2 answers

Abhishek Thakur 6 years, 10 months ago

It is a rate at which Consumer is willing to sacrifice (substitute) one good (Y) for an additional unit of another good (X).

Navdeep Khalsa 6 years, 10 months ago

Refers to that the one good is sacrifice to produce an additional unit
  • 1 answers

Abhishek Thakur 6 years, 10 months ago

Questions please
  • 2 answers

Abhishek Thakur 6 years, 10 months ago

All the topics of Economics can be easily covered in one month Follow this order (1) Money and Banking (2) Government Budget (3) Foreign exchange & BOP (4) Income and output determination (5) forms of market (6) production function, cost ,revenue , Producer Equilibrium (confirm 6marks question) (7) demand, supply (8) Elasticity of demand and supply (9) Introduction i.e. PPC (10) Consumers's Equilibrium (11) national income. First 5 topics can be easily covered in 10 days. 6-10 can be covered in next 10-15 days 11 can be covered in 5-7 days. All the best.

Rahul Mittal 6 years, 10 months ago

National income numerical for 6 marks AD and AS
  • 1 answers

Abhishek Thakur 6 years, 10 months ago

Not in syllabus Otherwise classification is (a) on the basis of acceptance (i) legal tender Money (fiat money) (ii) Non- legal tender Money ( optional money)
  • 1 answers

Abhishek Thakur 6 years, 10 months ago

It means living standard of an individual or nation in terms of money. For example national income, consumption etc.
  • 1 answers

Danishsaleem Khan 6 years, 10 months ago

Consumer equilibrim, demand , producers eqilibrium approch , national income , aggregate demand and supply , govt budget

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