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investment by firm on machinery this is capital goods and its is only non-durable. final good consumed by coustomer for his satisfaction of wants this is consumption goods and it is durable and non-durable like icecream is durable and furnituer is non durable.

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mention two difference between monopoly and pefectlt inelastic supply curve

Posted by Raj Raj 4 years, 2 months ago

CBSE > Class 12 > Economics

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Why investment is constant in aggregate demand

Posted by Ritika Rawal 3 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Sia ? 3 years, 9 months ago

Private investment expenditure is a key component of aggregate demand. Hence the investment is constant at all levels of income, thus, investment curve is a horizontal straight line with zero slope parallel to x-axis.

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Important notes of chapter economic reforms since 1991

Posted by Taniya Deora 4 years, 2 months ago

CBSE > Class 12 > Economics

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Abhi Maurya 4 years, 2 months ago

LPG

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How can you tell about worker that he or she will be working in a informal sector

Posted by Shyna Kataria 4 years, 2 months ago

CBSE > Class 12 > Economics

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Currency is issued by the central bank, yet we say that commercial banks create money. Explain. how is this money creation by commercial banks likely to affect the national income ?explain.

Posted by Tanvi Garg 4 years, 2 months ago

CBSE > Class 12 > Economics

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Saloni Kaushik 4 years, 2 months ago

This is because of the concept of credit creation they take money and give at loans

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What is aggregate supply and what are its components

Posted by Manav Sharma 4 years, 2 months ago

CBSE > Class 12 > Economics

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Chahat Sharma 4 years, 2 months ago

It refers to total expenditure on final and consumption during an accounting year. It's components are 1. Household consumption expenditure. 2. Investment consumption expenditure . 3. Government expenditure . 4. Net exports .

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What is aggregate demand and what are its components

Posted by Manav Sharma 4 years, 2 months ago

CBSE > Class 12 > Economics

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Ritesh Garg 4 years, 2 months ago

Aggrgate demand refers to expenditure on goods and services that the people incur on the purchase of goods and services . Components of aggregate demand :- Consumption expenditure Investment expenditure Government expenditure Export - Import =Net export

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Explain working of the investment multipler

Posted by Manav Sharma 3 years, 9 months ago

CBSE > Class 12 > Economics

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Sia ? 3 years, 9 months ago

The term investment multiplier refers to the concept that any increase in public or private investment spending has a more than proportionate positive impact on aggregate income and the general economy.

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If the Reserve Ratio is 20% and the primary deposits are Rs.100 , the total lending by the banking system will be

Posted by Hansika Jain 4 years, 2 months ago

CBSE > Class 12 > Economics

3 answers

Hansika Jain 4 years, 2 months ago

Could you please post the solution as well! Thank you for the help though.

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Abhi Maurya 4 years, 2 months ago

Rs. 80

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Mirtunjay Kumar 4 years, 2 months ago

500

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Explain Open Economy With there Characteristics in long answer

Posted by Ash Varshney 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Sia ? 3 years, 9 months ago

An open economy is a type of economy where not only domestic factors but also entities in other countries engage in trade of products (goods and services). Additionally, consumers have an opportunity to invest their savings outside the country. There are also economic disadvantages of an open economy.

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What is financial markets by economics

Posted by Mehraj Din 3 years, 9 months ago

CBSE > Class 12 > Economics

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Sia ? 3 years, 9 months ago

Financial markets refer broadly to any marketplace where the trading of securities occurs, including the stock market, bond market, forex market, and derivatives market, among others. Financial markets are vital to the smooth operation of capitalist economies.

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An Indian real estate company receives rent from google in New York. This transaction would be recorded on which side of account

Posted by Reshma P R 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Seth 4 years, 2 months ago

An Indian real estate company receives rent from Google in New York. This transaction would be recorded on………………..side of

……………..account. (Fill up the blanks with correct alternative)

a. credit, current c. debit, capital

b. credit, capital . d. debit, current

Ans: a. credit, current

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Project on LPG

Posted by Rohan Vats 4 years, 2 months ago

CBSE > Class 12 > Economics

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Help in project

Posted by Rohan Vats 4 years, 2 months ago

CBSE > Class 12 > Economics

2 answers

Md Tufal 4 years, 2 months ago

GDP

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Abhi Maurya 4 years, 2 months ago

Which have your favorite chapter in economic?

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Explain how china has an edge over India ?? explay

Posted by Vikas Kaswan 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Ruhi Bhardwaj 4 years, 2 months ago

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Equation of propensity to consume

Posted by Sanat Mangal 4 years, 2 months ago

CBSE > Class 12 > Economics

2 answers

Anushka Kakkar 4 years, 2 months ago

The average propensity to consume is equal to C/Y where C is consumption and Y Is income The marginal propensity to consume is ΔC/ΔY where ΔC is the change in consumption and ΔY is the change in income

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Gaurav Seth 4 years, 2 months ago

The marginal propensity to consume is equal to ΔC / ΔY, where ΔC is the change in consumption, and ΔY is the change in income. If consumption increases by 80 cents for each additional dollar of income, then MPC is equal to 0.8 / 1 = 0.8.

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Critically evaluate the one child policy adopted by China

Posted by Khushi Sharma 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Seth 4 years, 2 months ago

The One Child Policy was introduced in 1978 (it came into effect in the year 1979, three years after the death of the legendry leader Mao), by Deng Xiaoping, father of Open Door Policy of China, as an endeavour to control the rapidly increasing population.

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Why are regional and economic groups formed? Explain with reasons

Posted by Khushi Sharma 4 years, 2 months ago

CBSE > Class 12 > Economics

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Gaurav Seth 4 years, 2 months ago

Regional economic grouping is one of the major instrument of promoting international trade activities among countries. It focusses on creation of larger economic unit from smaller national economies. Regional and economic groupings such as the SAARC, European Union, ASEAN, G-8, G-20, BRIGS etc are formed to increase economic co-operation among nations in the neighbourhood or those sharing common economic Interests. This is particularly considered essential by developing countries as they all facing competition not only from developed nations but also amongst themselves in the relatively limited economic space enjoyed by the developing world. Besides, co-operation with other economies in our neighbourhood is also required, as all major common economic activities in the region have an impact on overall human development in a shared environment.

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Describe the path of developmental initiatives taken by China and Pakistan for it's economic development

Posted by Khushi Sharma 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Seth 4 years, 2 months ago

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How royalty will be treated while calculating NNPfc (national income)? Plzz tell me

Posted by Gurpreet Kaur 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Meghna Thapar 4 years, 2 months ago

National income or the gross national income is the total income earned by all residents and enterprises of a country over a specific period. You can also define national income as the total value of all goods and services produced over a specific period of time. Now, there are several methods of calculating national income.

The three most common methods are the value-added method, the income method, and the expenditure method. The value-added method focuses on the value added to a product at each stage of its production.

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Rampant poverty

Posted by Sandeep Rai 4 years, 2 months ago

CBSE > Class 12 > Economics

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Meghna Thapar 4 years, 2 months ago

Poverty is about not having enough money to meet basic needs including food, clothing and shelter. However, poverty is more, much more than just not having enough money. The World Bank Organization describes poverty in this way: ... Poverty is lack of shelter.

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Calculate GNP at mp ,, ITEMS RS.in arab Net factor income to abroad= -10 Net current transfers to abroad=20 Wages & salaries=400 Corporation tax=50 Profit after corporation tax =150 Social security contributions by employers =50 Rent =100 Interest=70 Mixed income of self employed =300 Net indirect tax=140 Consumption of fixed capital =80

Posted by Gurpreet Kaur 4 years, 2 months ago

CBSE > Class 12 > Economics