Question
According to John Maynard Keynes, which one of the
following statements is correct for a closed economy operating at less than full employment level of output?Solution
As per Keynes, Investment determines savings for a closed economy. And changes in money have no impact on the output, only change in real variables can affect output. Moreover, speculative demand for money is determined by the interest rate.
Under transfer of property Act where two or more persons mutually transfer the ownership of one thing for the ownership of another, neither thing of bo...
According to Indian Partnership Act, 1932 What entitlement does an outgoing partner or their estate have if the surviving partners continue the busines...
What is the Bailment of goods as security for payment of a debt or performance of a promise called?
The election of the President shall be held in accordance with
Who is an Insolvency Professional under IBC?
Interpretation has been taken up from the Latin term________
When should a person be reimbursed for paying money which is due to be paid by another?
According to the Code of Criminal Procedure, 1973 term 'place' includes______.
For the enforcement of Fundamental Rights, the Supreme Court may issue a/an
Maximum paid up capital in case of public company
