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Why government cannot print new currency to pay the debts?
When there is deficiency of internal resources then government borrow. Government can borrow either from central bank (internal sources) or from IMF and World Bank (external sources). But when government borrow from central bank by printing latest notes, the quantity of money in circulation enhances, which leads to enhance in aggregate demand and then in inflation. So, Government has to borrow from external sources, which is another way to solve the queries.
What are the three approaches to measuring GDP? The three approaches are: a) The production approach, b) The spending approach and c) The income approach.
Long run equilibrium - Perfect competition: In the long-run, on the other hand, the firm in perfect competition is making normal profit or zero economic profit as shown in Fig
comprehensively discuss the market structure in the South African mobile telecommunication industry
#1 explain with the aid of diagram the effect of an increase in demand for palm oil on the equilibrum position for palm kernel
GOVERNMENT FINANCE: UNION AND STATES: The fiscal position of the Governments - both Centre and States - has been under stress since the mid-1980s. The stress stems from the i
how do I explain the hicksian and slutsky theory of consumer behaviour in an examination
Time is a significant determinant of price elasticity. If a price changes, it might take consumers a certain amount of time to discover alternative lifestyles or commodities to ac
what are the pros and cons of monopsony
A major component of the costs of many large firms is the cost associated with ordering and holding inventory. If the yearly demand for the good is D and the size of each order pla
Managerial theories of the firms
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