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Category Archives: Macroeconomics

National Income is the aggregate value of all goods and services produced by firms in a given financial year. It can be stated that when… Read More
Money is any object or item which is generally accepted as a mode for payment of goods & services and repayment of loans or debts,… Read More
The circular flow of income is an economic model that reflects how money or income flows through the different sectors of the economy. A simple… Read More
Macroeconomics tries to study the central questions of economies. Amongst these questions, the main question is how economies create wealth. In an economy, all factors… Read More
Commercial Bank An institution that performs different functions like accepting deposits, making investments with the motive of earning profits, and granting loans is known as… Read More
What is Circular Flow of Income? Macroeconomics tries to study the central questions of economies. Amongst these questions, the main question is how economies create… Read More
The monetary history of India consists of different monetary standards. The present monetary system of India is known as Inconvertible Paper Currency Standard and is… Read More
Money is a concept that is much easier to understand than to explain in the form of words. However, it can be described as an… Read More
Money is a concept that is much easier to understand than to explain in the form of words. However, it can be described as an… Read More
Macroeconomics is a part of economics that focuses on how a general economy, the market, or different systems that operate on a large scale, behaves.… Read More
Macroeconomics is a part of economics that focuses on how a general economy, the market, or different systems that operate on a large scale, behaves.… Read More
The circular flow of income is an economic model that reflects how money or income flows through the different sectors of the economy. A simple… Read More
Net Indirect Tax (NIT) refers to the difference between indirect taxes and subsidies. Indirect Taxes are the taxes imposed on the production and sale of… Read More
Macroeconomics is a part of economics that focuses on how a general economy, the market, or different systems that operate on a large scale, behaves.… Read More
It is the difference between the factor income earned by a country from abroad/rest of the world and factor income paid by a country abroad/rest… Read More

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