Causes of Inflation | How to Control Inflation
What are the Causes of Inflation? Inflation in an economy can be caused by excess demand or by reduction in the supply of goods and services or by monetary …
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What are the Degrees or types of Inflations?
Degrees (or) Types of Inflation Inflation is of different types. The following are the various types of inflation. These types of inflation are classified on different basis: 1. Inflation …
Public Expenditure | Meaning, Classification, Principles, Effects
What is Public Expenditure? Public expenditure refers to expenditure of the government. In the past, the subject of public expenditure was neglected because the expenditure of the government was …
Taxable Capacity | Meaning, Types, Factors, Significance
What is Taxable Capacity? Taxable capacity is a much debated concept. It refers to the maximum capacity that a country can contribute by the way of taxation both in …
Advantages and Disadvantages of International Trade
Advantages of International Trade 1. Advantages of specialization and division of labour It is beneficial in several respects. Important advantage is the division of labour and the consequent specialization. …
International Trade | Meaning, Features | Inter-Regional Trade vs International Trade
What is International Trade? The term “trade” generally means exchange of goods among different individuals. If such exchange of goods takes place between two individuals or firms of the …
Price Policy – Meaning, Objectives, Importance, Principles
In a democratic set up, price level affects the process of economic development in a number of ways. Level of price determines economic incentives for more production. It affects …
Solutions to Problems of Trade Cycle | Control of Business Cycle
Control of Business Cycle Economic stabilization is one of the main remedies to effectively control or eliminate the periodic trade cycles which plague capitalist economy. Economic stabilization is not …
Important Theories of Business Cycle
Theories of Trade Cycle / Business Cycle Economists have identified different causes for the occurrence of trade cycle in an economy and formulated various theories of trade cycles. A …
Business Cycle – Meaning, Features & Characteristics
Introduction Every country, irrespective of the economic system prevailing, is subject to business and economic fluctuations. Certain business fluctuations are very short in duration, while there are fluctuations which …