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The following is the information from the national income accounts for a hypothetical country: GNP Rs. 5000.00
State the term- - GDP is a flow Lastly, note that GDP is a flow variable and not a stock variable. By a flow variable we mean a variable which is measured in something per uni
Private sector in the circular flow The private sector total income is known as the national income. Because private sector receives the entire return from the factors of pr
Different approaches to measure aggregate output
explain money market equilibrium?
There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
explain the effects of various injections and withdrawals and show the equilibrium in the circular flow
Q. Characteristics of endogenous growth theory? There are many different explanations for technological progress. Most of them, though, have many common characteristics:
In 1999 Mercedes-Benz USA adopted a new pricing policy, which it called NFP (negotiation-free process), that sought to eliminate price negotiations between customers and new-car de
To determine of the wealth is earned by nations by economic activates all around the globe. Gross National Income comprises the total value of goods and services formed within a
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