Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability.
Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
Fiscal Deficit is an economic phenomenon, where the government's total expenditure exceeds the revenue generated.
Shutdown Point is the point at which the revenue received from the sale of goods or services produced cannot even cover the variable cost of production.
Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
Fiscal Deficit is an economic phenomenon, where the government's total expenditure exceeds the revenue generated.
Shutdown Point is the point at which the revenue received from the sale of goods or services produced cannot even cover the variable cost of production.
Macroeconomics is the branch of economics dealing with the performance, structure, behavior, and decision making of an economy as a whole rather than individual markets.
Disposable Income is total personal income minus personal current taxes.
Marginal Revenue is the additional revenue that will be generated by increasing product sales by 1 unit.
Black money is the income obtained illegally or not declared for tax purposes.
Consumer Price Index measures changes in the price level of a market basket of consumer goods and services purchased by households.
Final Good is the commodity which is produced and subsequently consumed by the consumer, to satisfy current needs or wants.
Increasing Returns occurs if output increases by more than that proportional change in inputs.
Disinflation is the decrease in the rate of inflation - a slowdown in the rate of increase of the general price level of goods and services in a nation's GDP over time. It occurs when the increase in the consumer price level slows down from the previous period when the prices were rising.
Present Base year for calculating national income, whole sale price is 2004-05.
Disposable Income is total personal income minus personal current taxes.
Marginal Revenue is the additional revenue that will be generated by increasing product sales by 1 unit.
Black money is the income obtained illegally or not declared for tax purposes.
Consumer Price Index measures changes in the price level of a market basket of consumer goods and services purchased by households.
Final Good is the commodity which is produced and subsequently consumed by the consumer, to satisfy current needs or wants.
Increasing Returns occurs if output increases by more than that proportional change in inputs.
Disinflation is the decrease in the rate of inflation - a slowdown in the rate of increase of the general price level of goods and services in a nation's GDP over time. It occurs when the increase in the consumer price level slows down from the previous period when the prices were rising.
Present Base year for calculating national income, whole sale price is 2004-05.
