Professor Marshall defines National Income as “Sum of all the physical goods produce…
National Income can be measured either by income or expenditure or output approach. …
The Gross Nation Product (GNP) is the summation of all those finally produced goods …
Professor Marshall defines National Income as “Sum of all the physical goods produce…
Macro economics deals mainly with the problems of employment or unemployment, rising…
The study of economics is divided by the modern economics into two parts viz Micro e…
The major instruments of macro economic policy are described as under. 1. Fiscal P…
The following are some of basic instrument and concepts which are used in macro econ…
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