Posted inEconomics
Cash Balance Approach
• It states that it is not total money but that portion of cash balance…
Posted inEconomics
QUANTITY THEORY OF MONEY
Quality theory of Money can be analysed by two different approaches: (1) Fisher’s Theory (2)…
Posted inEconomics
GRESHAM’S LAW
he Law states that bad money drives good money out of circulation. This is true…
Posted inEconomics
Value & Forms of Money
Value of Money • It means Exchange Value. • It implies how much of goods…
Posted inEconomics
MONEY Definition
• A medium of exchange. • With the help of money any exchange of goods and services…
Posted inEconomics
Economic Fluctuation
• The business world in capitalistic economy is said to experience ups and downs in…
Posted inEconomics
Production Possibility Curve (PPC)
In economics, a production–possibility curve (PPC), is also called a production–possibility frontier (PPF), production-possibility boundary…
Posted inEconomics
Marginal Productivity of Capital (MPC)
• The additional physical product obtained due to the employment of one extra unit of…