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Recognize which of the following purchases is counted as a part of NI:
a) Tata motors purchases tire from Good year to equip latest Indica.
b) Tata motors purchases tires from Good year to change worn tires on executives' company cars.
c) An individual purchases 50 shares of Microsoft.
d) You purchased a laptop from USA.
e) Indian Statistical Institute gives Scholarship to the learners.
f) Employee contributes to retirement plan.
g) Maruti sells Zen from its inventory.
Consider the economic data for Country A: Unemployment level of 15% Natural Rate of Unemployment is 6%. Required Reserves is 25% C = 50 + 0.75Y; I = 600; G = 250 (note: T = 200 for
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calculation of fiscal deficit
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P and Y are both endogenous variables and according to the quantity theory of money we need P.Y = constant. If we divide both sides by P we get Y = constant / P. Because Y = Y D i
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