Question
What action might a government take to stimulate
economic growth during a recession?Solution
During a recession, governments often adopt expansionary fiscal policies to stimulate economic growth. Increasing public spending is a common measure to boost aggregate demand, create jobs, and revitalize economic activity. This approach is based on Keynesian economics, which advocates for government intervention to counteract economic downturns.
A shopkeeper marks his goods 50% above the cost price but allows his customers a discount of 20% on the marked price. What is his actual profit if selli...
A contractor was tasked with constructing a bridge within 45 days. To complete the project, he initially hired 75 workers. However, after 40 days, he di...
Find the simplified value of the following expression:
(16.25 × 24 + 7 × √36) ÷ 23 + 3.75 × 16 – 37 × 2 + 7.5
...24 × 25 – 375 + 5² = 25% of ? + 2.5% of 6000
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If Aman and Bhanu together earn Rs. ___ per month, and their incomes increase by 25% and 12.5% respectively, Bhanu's new income b...
A trader marks the price of a product at ₹800 and allows a discount of 15%. If the trader also pays a tax of 5% on the discounted price, what is the t...
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