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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Define the term scarcity as used in economics.
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Briefly explain any four functions of the RBI.
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
What are the main functions of money? How does money overcome the shortcomings of a barter system?
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Write down some of the limitations of using GDP as in index of welfare of a country.
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Differentiate between devaluation and depreciation of currency.
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
What is revenue deficit in a government budget? Explain its implications of revenue deficit.
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure account A is Rs. 50 crore, MPS is 0.2 and level of income (Y) is Rs. 4000 crore. State whether the economy is in equilibrium or not (cite reasons).
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- Asked by Kapil
- Latest Answer: 14 days ago
- In: Commerce
Define Intermediate goods, Final goods, Consumption goods and Capital goods.
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