Direct and Indirect tax
Difference between direct and indirect tax, sources of indirect tax that government can raise . As per CBSE criteria, this is relevant.
Inflationary gap and deflationary gap
Difference between inflationary gap and deflationary gap. Excess and deficient demand situation in inflationary gap and deflationary gap
Money, its supply and types
Meaning of Money, Who supplies money? Different types of money and its application.
APC and MPC, it application
What is average propensity to consume and Marginal propensity to consume? Equations and application..
APS and MPS, its application
What is Average propensity to save and Marginal propensity to save? Equations and application.
APS and MPS, its application
What is Average propensity to save and Marginal propensity to save? Equations and application.