Economics What is the Concept of Green GNP ? 31 Jul 2020 What is the Concept of Green GNP ? In the recent years the economists have realized that the costs of producing GDP need to be incorporated in estimating GDP to…
Economics… Difficulties in the Measurement National Income 30 Jul 2020 Difficulties in the Measurement National Income - There are many difficulties in measuring national income of a country correctly. The difficulties are of two types in nature conceptual and statistical.…
Economics Income Method of Measuring National Income 29 Jul 20209 Aug 2020 Income Method of Measuring National Income - Income method measures national income at the phases of distribution and appears as income paid and/or received by individuals of the country. In…
Economics… Expenditure Method of Measuring National Income 28 Jul 20209 Aug 2020 Expenditure Method of Measuring National Income - Expenditure method gives the national income by adding up all the expenditures made on goods and services during a year. Income can be…
Economics… A Brief Introduction to Public Finance 25 Jul 2020 What is Public Finance ? According to Dalton, 'Public finance is concerned with the income and expenditure of public authorities and with the adjustment of one to the other.' According…
Economics… How Growth of Money Supply is related to Budget Deficit ? 21 Jul 2020 How Growth of Money Supply is related to Budget Deficit ? There are two possible links (or relations) between budget deficit and growth of money supply. First, the budget deficit…
Economics… What is the Government Budget Constraint ? 20 Jul 2020 What is the Government Budget Constraint ? Generally, the government finances its expenditure through the revenue received from taxes (both direct and indirect). When government expenditure exceeds its revenue received…
Economics Business Cycles – Sun Spot Theory of Business Cycles 4 May 2020 Sun Spot Theory Sun Spot Theory of Business Cycles was developed in 1875 by Stanley Jevons. This is one of the oldest theory of business cycles. Sun Spots are storms…
Economics Statistics – Measures of Central Tendency – Geometric Mean & Harmonic Mean 8 Apr 202011 Apr 2020 Geometric Mean - Geometric Mean of a set of n observations is the nth root of their product. It is denoted by G.M. If we have two observations, then their…
