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प्रश्न
Why does consumption curve not start from the origin?
उत्तर
Consumption curve does not start from the origin because there is autonomous consumption expenditure even when the nationa income is zero.
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संबंधित प्रश्न
Explain national income equilibrium through aggregate demand and aggregate supply. Use diagram. Also explain the changes that take place in an economy when the economy is not in equilibrium
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Define aggregate supply?
Explain the role of Cash Reserve Ratio in removing an inflationary gap
Explain the role of 'Margin Requirements' in removing this deficient demand gap.
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Explain the following concepts or give definitions.
Depreciation
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Income earned from foreign investment is considered for aggregate demand.
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The equality between aggregate demand and aggregate supply determines the equilibrium level of employment.
Answer in detail.
Explain the determinants of aggregate demand.
Answer in detail.
Explain the equilibrium between Aggregate Demand and Aggregate Supply.
Answer the following question.
Explain the concept of deficient demand with the help of aggregate demand and aggregate supply curves. Discuss one physical and one monetary measure to correct it.
Discuss the adjustment mechanism in the following situation :
Aggregate demand is lesser than Aggregate Supply.
How is it determined by using Saving and Investment approach?
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