world of economic
Friday, April 9, 2010
Average and Marginal Propensity to Consume
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propensity to consume has been divided into two parts viz. average propensity to consume and marginal propensity to consume. 1. average prop...
phychological law of consumption
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psychological law of consumption was propounded by Keynes. therefore, this law is also known as "Keynesian psychological law of consump...
Thursday, March 25, 2010
determinants of consumption function
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consumption function is influenced by various factors. consumer's propensity to spend, different situations, exhibition influence, etc. ...
measures to increase in the propensity to consume
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In the short run propensity to consume is stable because this can't be changed in a short period. increase in consumption function also ...
Wednesday, March 24, 2010
paradox of thrift
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the amount left over after the consumption by an individual or society is known as the saving. people do not spend all of their incomes on c...
concept of investment
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in general investment means the purchase of shares securities and any sorts of assets. but in economics such activities are only known as tr...
types of investment
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Generally, investment can be dividend in to the following types: 1. gross and net investment in any economy, the aggregate real investmen...
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