Circular flow of income, Managerial Economics

Explain a circular flow of income in a frugal econmomy with diagram
Posted Date: 6/13/2018 10:41:24 AM | Location :







Related Discussions:- Circular flow of income, Assignment Help, Ask Question on Circular flow of income, Get Answer, Expert's Help, Circular flow of income Discussions

Write discussion on Circular flow of income
Your posts are moderated
Related Questions
The optimum output and price level is always determined with the concepts of revenue and costs-the difference in joint or independent production will show in the differences in cos

Neo Classical vs Keynesian School We know that Keynesian economics was propounded as a revolution against the then  prevailing orthodoxy  of  the classical school.  In  time,

Q. Show the Empirical analysis? Empirical analysis aimed at investigating nature of scale economies, degree of input complementarily orsubstitutability, or the nature and exten

Limits on the process of bank deposit creation On the demand side , there may be a lack of demand for loans, or at least of borrowers who are sufficiently credit worthy .


Buffer stocks and stabilization funds In this case the government buys up part of the supply when output is excessive, stores this surplus, and resells it to consumers in time

Total Cost (TC) This is the sum of fixed costs and variable costs i.e. TC = FC + VC.

Q. Example on Relationship between marginal and average cost? This relationship between marginal and average cost can easily be recalled with the aid of Fig. below. It can be s

DIRECT TAXES A direct tax is one where the impact and incidence of the Tax is on the same person e.g. Income Tax, death or estate duty, corporation taxes and capital gains

The concept of point elasticity is applicable where change in price and the resulting change in quantity are infinite or small. Though, where change in price and consequent hunger