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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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Anushka Kakkar 4 years, 2 months ago
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.
Posted by Khushi Sharma 4 years, 2 months ago
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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.
Posted by Khushi Sharma 4 years, 2 months ago
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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.
Posted by Khushi Sharma 4 years, 2 months ago
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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.
Posted by Gurpreet Kaur 4 years, 2 months ago
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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.
Posted by Sandeep Rai 4 years, 2 months ago
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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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Posted by Aditi Rawat 4 years, 2 months ago
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Yogita Ingle 4 years, 2 months ago
(a) If MPS = 0.40, then
Multiplier (k) = 1/MPS = 1/ 0.40 = 2.5
(b) If MPC= MPS, then
2 MPS= 1
=> MPS =1/2 =0.5
Multiplier (k) = 1/MPS = 1/ 0.5 = 2
Posted by Rinki Bansal 4 years, 2 months ago
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Gurpreet Kaur 4 years, 2 months ago
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Shivani Roy 4 years, 2 months ago
13Thank You