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Transfer Payments
Are any payments made to households by the government that are not made in return for the services of factors of production i.e. there is no Quid pro Quo. Such payments do not lead directly to any increase in output and for this reason they are not included in the nation GNP.
THE LAW OF DIMINISHING RETURNS (LAW OF VARIABLE PROPORTIONS) One of the most important and fundamental principles involved in economics called the law of diminishing return
Discuss whether Indian Consumer goods industry is growing at the cost of future Profitability.
what are the instruments variable of marrise''s model?
calculate point elasticity of demand for demand function q=10-2p for decrease in price from rs 3 to rs 2
Firm and industry supply schedules The plan or table of possible quantities that will be offered for sale at different prices by individual firms for a commodity is called su
incrimental principle
explian williomson model of managerial discretion
Keynesian unemployment According to Keynesian theory of income and employment, unemployment occurs due to lack of effective demand. If effective demand is less, production of
Direct Action Direct action in more than one from has been employed by the central banks either as an alternative to their discount rate policy or open market operations or tog
the benefits of exchange in the light of the law of association, the introduction of money in direct exchange and way income gets distributed among market participants
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