MPC increases, multiplier ______

Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater

the_____

  Any straight-line supply curve that intersects the vertical axis above the origin has an elasticity of supply

In which of the following market structure Quantity is maximum?

The government provides public goods because

Calculate personal income:

Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?

I. Curtailment of the fiscal deficit.

The minimum rate at which the central bank re-discounts bills held by commercial banks is called: 

Accelerator and multiplier stand for  

Consider a closed economy wherein

C = 0.60 Yd   , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500

GNP exceeds NNP by: