A rectangular array of numbers that are arranged in rows and columns is known as a “matrix.” The size of a matrix can be determined… Read More
Category Archives: School Learning
Classical economists state that the equilibrium level of income in an economy is always attained at full employment level. Full employment here means the absence… Read More
Contraction in Demand When there is a fall in the quantity demanded of a commodity because of an increase in its price by keeping other… Read More
Expansion in Demand When there is an increase in the quantity demanded of a commodity because of a fall in its price by keeping other… Read More
The proportionate change in the quantity demanded of a commodity due to a proportionate change in the price of the commodity is called Price Elasticity… Read More
Determination of Equilibrium Level The Keynesian Theory states that the equilibrium situation is usually expressed in terms of Aggregate Demand (AD) and Aggregate Supply (AS).… Read More
Aggregate demand (AD) is the total amount of final products and services that all sectors of the economy intend to purchase over a single accounting… Read More
Demand refers to the quantity of a commodity the customer is willing and capable to purchase, at any given time and at each possible price.… Read More
What is an Idiom? An Idiom can be said a group of words like “Piece of cake”, “Takes two to tango”, “Beat around the bush”,… Read More
The main distinction between Addison syndrome and Cushing’s disease is that Cushing’s syndrome exhibits an excess of cortisol while Addison’s disease exhibits a hormonal deficiency… Read More
The functional relationship between saving and national income is known as Saving Function. It shows the savings of households during a given period of time… Read More
Signs and Symptoms are two important terms used in medical science to describe the physical and subjective manifestations of a disease or a medical condition.… Read More
CBSE class 12 previous year’s question paper for the subject mathematics is the very essential tool in the arsenal of students preparing for the Class… Read More
Carbohydrates and lipids are essential elements in all living things. These are organic molecules that are important sources of energy. As a result, we consume… Read More
Short Answer Questions Question 1: Explain the concept of public sector and private sector. Answer: Public Sector: The sector, which includes all those enterprises which… Read More
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