Question
Consider a Solovian economy with the aggregate
production function Yt = K1/2l1/2 . The initial size of the population is 100, and the initial capital stock is given by 9 units. The entire output produced in each period is distributed to the households as factor incomes (since households are the owners of the capital stock and labor at any time t), who consume half of their income and save the rest. All savings are automatically invested, which augments the capital stock available for production over time. Population does not grow, and there is 100% depreciation of the capital stock within one period. The corresponding steady-state value of aggregate output is:Solution
GSTN is a?
A company follows the accrual basis of accounting and recognizes revenue when the goods are dispatched, not when cash is received. However, in its final...
Which Act in India regulates the negotiation and transfer of negotiable instruments such as promissory notes, bills of exchange, and cheques?
Fill in the blanks by selecting appropriate word/s the List II.
List I:
1. The _________ ratios are primarily measures of retu...
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
As per Schedule III of the Companies Act, 2013, long term provisions are shown –
Liability for the drawer for the bill discounted is a:
In the context of GeM, what is the full form of ‘PAC’?
Assets with a beta of 0.95 (in financial terminology) will be considered as:
Which of the following techniques was developed by Kaplan and Norton?
