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28/07/2024

Loss= cost price - sale price.
# Cost price will be greater than sale price

28/07/2024

Profit= sale price-cost price

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30/03/2024

Hi buddies, economics world is back✋❤️

01/09/2023

GNP=GDP+NFI
(Net factor Income)

31/08/2023

Additional spending to the national-expenditure stream is called injection and it includes investments,govt expenditure,and exports.

31/08/2023

A withdrawal from the income-expenditure stream is called leakage.And it includes savings,taxes,and imports.

Total quantity of goods and services produced in the economy is called aggregate supply.
31/08/2023

Total quantity of goods and services produced in the economy is called aggregate supply.

31/08/2023

Total demand for goods and services in the economy is called aggregate expenditure.

31/08/2023

National income of a country is it's annual consumption and not its national production.

31/08/2023

The flow of goods and services in a nation over a certain period of time, usually a year is called national income.

31/08/2023

Monetary policy refers to the tools used by the government through the central bank to control the money supply.

31/08/2023

Fiscal policy refers to the government policy concerning taxes and expenditure.

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