
The Budget Deficit
The budget deficit is defined as the excess of the total estimated expenditure over the total estimated revenue. Whenever the government expenditure is more than the government revenue we have…
Macroeconomics is an important subject for all commerce and humanities students. It talks about how money is created or how a person earns their livelihood in the day-to-day routine. You can learn several topics and can request your own topic via the contact form:
The budget deficit is defined as the excess of the total estimated expenditure over the total estimated revenue. Whenever the government expenditure is more than the government revenue we have…
The government budget is an annual statement showing item wise estimates of receipts and expenditure of the government during a financial year. Let’s understand the concept of the government budget in…
Excess demand or inflationary gap refers to the situation when actual aggregate demand is more than the aggregate supply corresponding to the full employment level of the output in the…
Deficient demand means that the aggregate demand is less than the planned aggregate demand. Let’s understand the concept of deficient demand in detail. A quick note: Subscribe to our website to get…
The multiplier is represented by K. The investment multiplier works on a simple theory that the number of times by which the increase in income exceeds the increase in investment. It…
The multiplier is the ratio of increase in national income due to an increase in investment. The investment multiplier is represented by ‘K’. K = Change in Y/ Change in…
The trick to solve problems on AD-AS is to remember all the formulas: S = -c + sY (-c is dissavings, s = MPS, Y = National Income) C =…
For the determination of Equilibrium output there are 2 approaches: AD-AS ApproachS-I Approach Let’s learn more about it. A quick note: Subscribe to our website to get answers to your curriculum questions. Aggregate…
Under macroeconomics, there are 3 types of employment equilibrium: Full Employment EquilibriumUnder Employment EquilibriumOver Employment Equilibrium Let’s learn more about it. A quick note: Subscribe to our website to get answers to your…
According to the Keynesian theory, equilibrium is determined in terms of aggregate demand and aggregate supply. We reach an equilibrium level of output or employment, where AD = AS. In…
Learn with Anjali started because there wasn't an easy-to-consume resource to help students with their studies. Anjali is on single-minded mission to make you successful!
If you would like to suggest topics, leave feedback or share your story, please leave a message.
Leave a message