CBSE Class 12 Macro Economics Notes | StudyTution

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Stocks Definition Variable whose magnitude is measured at a particular point of time are called stock variables.  For example in business accounts, magnitude of capital employed by a firm is measured on the last day of the financial year, say, capital as on 31st March, 2010.  This is the ……………. READ MORE

Aggregate demand and Its Component Aggregate demand (AD) refers to the total money value of final goods and services which all the sectors of the economy is Planning to buy at a given level of income during a period of one accounting year Aggreate demand can be also defined as the total expenditure that different sectors of n economy are willing to make at a given income level during a given time period. ……………. READ MORE

Meaning of Government Budget Government budget is an annual final, statement showing item wise  and expenditures of the government during a fiscal year Fiscal year is ……………. READ MORE

Barter system:-Exchange of goods is called Barter S called a C-C Economy i•e ystem and an Econom Commodity for Commodity Exchand om Econ ominated by Barter exchange is . Definition of Money Various types of definition of money are: (i) Legal Definition of money: According to law, “Money is ……………. READ MORE

Barter system:-Exchange of goods is called Barter S called a C-C Economy  and an Econom Commodity for Commodity Exchand om Econ ominated by Barter exchange is . Definition of Money Various types of definition of money are: (i) Legal Definition of money: According to law, tender power…………….. READ MORE

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