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The balanced budget multiplier is one because it assumes that any increase in government spending is matched by an equal increase in taxation, resulting in a balanced budget. This means that the increase in aggregate demand brought about by increased government spending is offset by the decrease in aggregate demand brought about by increased taxation.
What is the percentage stake acquired by Bank of India in CCIL IFSC?
What is the minimum number of members required to be incorporated as a Nidhi company?
Provision for Bad Debts is required to be maintained in the books as per which principle?
ABC Ltd has made purchases of Rs.100,000 during the year. The balance sheet shows an average accounts payable balance of Rs12,000. ABC Ltd payable payme...
An option that can be exercised only at expiration is called ____
People who score high in openness to experience are generally what?
Manish is a manager who is out of town on a business trip. He needs to get some data to a member of his staff rather quickly so a presentation can be up...
Conscientiousness measures what aspect of a person's personality?
As per Partnership Act, in which of the following cases partners have the duty to indemnify the loss caused to the firm?
In July 2024, which economic indicator was recorded as the lowest in the last 59 months?