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Cbse Student 7 years ago

Financing the deficit by selling assets or by borrowing from abroad by monetary authorities of a domestic country is known as official transactions or balancing the surplus by lending to abroad or purchasing assets from abroad by monetary authorities is called official reserves. The decrease in official reserves is known as overall Balance of Payments deficit and the increase in official reserves is known as overall Balance of Payments surplus. Importance of payments deficit or surplus are: (i) Overall Balance of Payments deficit or surplus can be adjusted through official transactions. (ii) It fulfills the good of basic promise that the monetary authorities are the ultimate financiers of any deficit in the Balance of Payments or the receipts of any surplus....
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Yogita Ingle 7 years ago

Opportunity costs are fundamental costs in economics, and are used in computing cost benefit analysis of a project. Such costs, however, are not recorded in the account books but are recognized in decision making by computing the cash outlays and their resulting profit or loss. Opportunity cost is the value of a factor in its next best alternative use. In other words, the opportunity cost of any commodity is the amount of other good which has been given up in order to produce that commodity.

Cbse Student 7 years ago

the next best alternative that is forgone is called opportunity cost... Also known as alternative cost.
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Cbse Student 7 years ago

Falling MC means that the cost of producing an additional unit of output tends to reduce. In a situation, when price is constant (as under perfect competition) this would mean a situation when the difference between the firm’s TR and TVC tends to increase. This means a situation when firm’s gross profit (TR-TVC) tends to rise. So, this will motivate the producer to produce more. Therefore, equilibrium is never struck in a situation of falling MC.
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Nandini Goyal 7 years ago

Equilibrium is state of rest

Cbse Student 7 years ago

equilibrium refers to the situation of profit maximisation or minimisation of costs.

Nikhil Kumar 7 years ago

It is a situation where consumer maximises his satisfaction and producer maximises his profit

Swecha Sharma 7 years ago

It is the state o were consumer is at the point of rest
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Cbse Student 7 years ago

Production m ye 4 inputs hote hai ...Land ,labour,capital nd enterpenure

Swecha Sharma 7 years ago

I think

Swecha Sharma 7 years ago

Land labour machinery

Purna Limboo 7 years ago

Labour and capital
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Cbse Student 7 years ago

* During a fiscal year.

Cbse Student 7 years ago

A government budget is an annual statement of the estimated receipts and estimated expenditure of the government duri

Yogita Ingle 7 years ago

A government budget is an annual financial statement showing item wise estimates of expected revenue and anticipated expenditure during a fiscal year.
Budget has two parts:
(a) Receipts; and (b) Expenditure.
Importance of a budget:
(a) Today every country aims at its economic growth to improve living standard of its people. Besides, there are many other problems such as poverty, unemployment, inequalities in incomes and wealth etc. Government strives hard to solve these problems through budgetary measures.
(b) The budget shows the fiscal policy. Itemwise estimates of expenditure discloses how much and on what items, the government is going to spend. Similarly, itemwise details of government receipts indicate the sources from where the government intends to get money to finance the expenditure.

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Bharat Sukhija 7 years ago

This situation arises when credit side is more than the debit side
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Cbse Student 7 years ago

Ok thanks pr ques. Kis type se aayge?

Bharat Sukhija 7 years ago

Most important question of consumer equilibrium of two commodity case
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Bharat Sukhija 7 years ago

It leads to increase in general price level
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Cbse Student 7 years ago

It refers to money value of goods nd services that all the producers are willing to supply of an economy is the given period of time.

Bharat Sukhija 7 years ago

Aggregate supply is also known as national income or income of the whole economy

Vanshika Madan 7 years ago

Aggregate supply can be referred to as the money value of all goods and services people are willing to supply during a given period of time
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According to skill India mission many people become educated and get the opportunity of job by which ppc move to the right.
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Sher Afgan Khan 7 years ago

It means marginal utility of x good is more the marginal utility of y goods It does't show equilibrium. For deterimination of equlibrium,we increase the consumption of x good then MU of x goods and MU of y goods are equal.
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Sakshi Singh 7 years ago

It refers to the expenditure incurred by a producer on the factor as well as non factor inputs for a given output of a commodity.
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Bharat Sukhija 7 years ago

Growth period non growth period
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Bharat Sukhija 7 years ago

It leads deflation or decrease in price
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Abhay Pandey 7 years ago

Normative Economics is concerned with explaining what ought to be and positive Economics is concerned with explaining what is
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Yogita Ingle 7 years ago

The Central Bank acts as a controller of money supply and credit, using the following methods
 (i) Margin requirement It is a qualitative method of credit control. A margin refers to the difference between market value of the security offered for loan and the amount loan offered by the ‘  commercial banks. During inflation, supply of credit is reduced by raising the requirement of margin. During deflation supply of credit is increased by lowering the requirement of ‘margin’. This measure is often used to discourage the flow of credit into speculative business activities.
(ii) Open market operations Under open market operations, RBI purchases or sells government securities to commercial banks and general public for the purpose of increasing or decreasing the stock of money in an economy. The purchase or sale of securities controls the money in the hands of public as they deposit or withdraw the money from commercial banks. Thus, money creation by commercial banks get affected.

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Yogita Ingle 7 years ago

An indifference curve is a graph showing different bundles of goods between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one bundle over another.
                  
In the above figure, IC is the Indifference Curve. Each bundle on the IC shows those combinations of two goods that yield the consumer the same level of satisfaction.          
This property implies that an indifference curve has a negative slope. If the preferences are monotonic, an increase in the amount of good: 1 along the indifference curve is associated with a decrease in the amount of good 2. This implies that the slope of the indifference curve is negative. Thus, monotonicity of preferences implies that the indifference curves are downward sloping from left to right.          

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Yogita Ingle 7 years ago

Direct tax Indirect Tax
Direct tax is referred to as the tax, levied on person's income and wealth and is paid directly to the government. Indirect Tax is referred to as the tax, levied on a person who consumes the goods and services and is paid indirectly to the government.
Tax evasion is possible. Tax evasion is hardly possible because it is included in the price of the goods and services.
Direct tax helps in reducing the inflation. Indirect taxes promotes the inflation.

 

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Nikhil Kumar 7 years ago

When demand is greter than its supply and to solve the problem of excess demand price should rise and rise in price implies contraction of demand and extension of supply

Rahul Raj 7 years ago

When Price are decreas of a commdity are knows as excass demand
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Pragya Tyagi 7 years ago

Average cost refers to per unit total cost of production while AVC refers to per unit variable cost of production
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Sher Afgan Khan 7 years ago

~~Causes of increasing return to factor - fuller utilisation of fixed factor - Division of labour & increase in efficiency - Better coordination between the facto ~~causes of diminishing return to factor -fixity of the factor -poor coordination between factors
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Gaurav Seth 7 years ago

<font face="Arial"><font color="#ff00ff">Total Cost</font></font><font face="Arial"> (TC) is the cost of all the productive resources used by the firm. It can be divided into two separate costs in the short run.</font>

<font face="Arial"><font color="#ff00ff">Total Fixed Cost</font></font><font face="Arial"> (TFC) is costs of firm’s fixed resources; TFC does not vary with changes in short-run output.</font>

<font face="Arial"><font color="#ff00ff">Total Variable Cost</font></font><font face="Arial"> ( TVC) are costs of firm’s variable resources, TVC does vary with changes in output.</font>

<font face="Arial"><font color="#ff00ff"><font style="background-color: rgb(255, 255, 255);">TC = TFC + TVC</font></font></font>

 

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Abdul Samim 7 years ago

depreciation of currency : when there is a decrease in the value of domestic currency in terms of foreign exchange rate. Appreciation of currency : when there is an increase in the value of domestic currency in terms of foreign exchange rate.
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Cbse Student 7 years ago

chptr

Cbse Student 7 years ago

any particular chtr.?

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