Question
What is the value of the balanced budget
multiplier?Solution
The balanced budget multiplier is one because it assumes that any increase in government spending is matched by an equal increase in taxation, resulting in a balanced budget. This means that the increase in aggregate demand brought about by increased government spending is offset by the decrease in aggregate demand brought about by increased taxation.
Select the most appropriate option to substitute the underlined segment in the given sentence. If no substitution is required, select ‘No substitu...
Select the most appropriate synonym of the given word.
SUBSEQUENT
Select the most appropriate option to improve the bold segment in the given sentence.If there is no need to improvement it,select, no improvement.
<...Select the most appropriate meaning of the bold phrase.
The thief made off with the jewellery.
ENRAVISH - The classical dancer gave such a performance that enravished the audience.Â
In each of the questions below, the sentences have a pair of words that are highlighted. From the highlighted words, select the most appropriate word (...
Select the most appropriate meaning of the given idiom.
Bang for the buck
The quality of being honest and having strong moral principles.
All the window pains (A) / panes (B) were broken when I opened the house after almost ten days.
I did not want her to feel bored (A) / boared (B)...
Forgetfulness can be no reason or it should be the most contagious [A]/ contiguous [B] of ailments.
I was really up the creek [A] / creak [B] wit...