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If the government hires the unemployed persons and pays them the same amount they were receiving as an unemployment allowance, and engages them in any form of economic activity (even if it is digging and filling pits), the payments become part of government expenditure on wages. In national income accounting, government expenditure on goods and services, including wages paid to employees, is counted as part of GDP. Therefore, hiring the unemployed persons and paying them for their labor will increase the government expenditure component of GDP.
It’s easy to be ………… , but difficult to ………………
Select the most appropriate option to fill in the blank.
The increasing concerns about climate change point to the need for enhanced efforts t...
Which of the following options is most suitable for blank 2?
Select the most appropriate option to fill in the blank.
Bengaluru is a beautiful city which ______ the modern with the traditional.
During her research, Seema __________ dozens of objects that she couldn’t include in the book, but also couldn’t ________.
Select the most appropriate option to fill in the blank.
Although she couldn't speak Spanish, she managed to make________ understood in Spain.
India must choose what ______________ its energy mix.
I. Will consist of
II. Will make
III. Will comprise
A strike by Royal Mail staff at Wythenshawe has been _______________ after a postwoman sacked for not wearing a cycle helmet was given her job back.
They had to _______ on the decorations to stay within budget.
Poor economic policy making coupled with ________________ decision making at the level of the executive has often been identified as a _________________...