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Disposable Personal Income
The amount of cash remaining after taxes are removed that an individual has the opportunity to spend.
Valence Bond Theory Explains, but does not predict the shape. Valence Bond Theory Cannot explain colour and spectra. Valence Bond Theory Qualitative explanations; does not expl
the prevention of major swings in economic activity cn be handled most easily by the financial or government sector?
how can we bring in the marginal propensity to consume
1. What are the uses of elasticity to the public sector and private sector? (20 marks)
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Sita expects her future earnings to be worth Rs 100. If she falls ill, her expected future earning will be Rs 25, There is a belief that she may fall ill 2 with probability of -3
Real Interest Rate: Interest rate on a loan, adjusted for rate of inflation. Real interest rate represents real burden of an interest payment. Real interest rates should be positiv
discuss and illustrates the following terms with diagrams1.inferior goods.2.normal goods,3.giffen goods
A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many point
Economics and Ethics : Morality and ethics are powerful motivations to behavior. Thouh, economists suppose that rationality is a function of demonstrable self-interest. That mean
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