Easy Economics ― 1. Explain how scarcity and choice go together?2. Is economics a positive science or a normative science? Support your answer with examples.3. What is meant by economic problem? How does an economic problem arise? Is it true that if the resources... (More)
Easy Economics ― 1. How Money is instrumental in removing drawbacks of barter system.2. Explain the Redistributive activity objective of government budget.3. Differentiate between Revenue expenditure and Revenue receipt.4. Give the meaning of following5. Fiscal... (More)
"They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety."
- Benjamin Franklin
Liberty and...
Easy Economics ― 1. Explain the law of variable proportion with the help of a schedule and diagram.2. How is the equilibrium price and equilibrium quantity of a good affected if rate of excise tax on this good falls.3. Determine market equilibrium with the help of... (More)
Indian Economy ― GDP PUBLIC SECTOR and Per Capita Income (` crore) Year GDP of Public sector NDP of Public Sector Gross Domestic Capital Formation Net Domestic Capital Formation Per Capita GNP at Factor... (More)
Indian Economy ― National Income (` crore) Year Net factor Income from Abroad GNP at Factor Cost NNP at Factor Cost GNP at Market Prices NNP at... (More)
Indian Economy ― Rs (` crore) Year GDP at Factor Cost Consumption of Fixed Capital NDP at Factor Cost Indirect Taxes less Subsidies GDP at Market... (More)
Indian Economy ― Indian Economy - An Agrarian EconomyLow Level Of Technology Zamindari System was Prevalent Mother India (Nargis,Sunil Dutt & Rajender Kumar) (More)
Devil's adcocate ― CLASS XI ADMISSIONS:- Fresh admissions would be made after accommodating all the eligible students of the same KV in the entitled stream and thereafter other KVs. Fresh admission for remaining vacancies... (More)
Easy Economics ― The first requirement to understand this concept isto know how Net Domestic Product is Divided between Private sector and Government. NDPfc can be divided in to two parts :- Part of NDPfc accruing to Private sector and Part of NDPfc accruing to... (More)