Question List Related To The Topic: "Economics"



Last Updated: 25 October, 2021

What is hpi in economics?


Answer: The House Price Index (HPI) is a broad measure of the movement of single-family house prices in the United States. The Human Poverty Index (HPI) was an indication of the poverty of community in a country,. The Human Poverty Index (HPI), which was introduced in 1997, is a composite index which assess.. Know More


What is gdp in economics?


Answer: Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP is perhaps the most clo.. Know More


What is lfp in economics?


Answer: The aggregate labor force participation (LFP) rate measures the share of the civilian, noninstitutionalized population that is either employed or unemployed but looking for work. What Is the Labor Force Participation Rate? The labor force participation rate is a measure of an economy's active workfo.. Know More


What is bop in economics?


Answer: The balance of payments (BOP), also known as balance of international payments, summarizes all transactions that a country's individuals, companies, and government bodies complete with individuals, companies, and government bodies outside the country. The balance of payments of a country is the diff.. Know More


What is iip in economics?


Answer: Definition: The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. Index of Industrial Production meaning: IIP is an index that tracks manufacturing. The Index of Industrial Production (IIP) is an .. Know More


What is avc in economics?


Answer: In economics, average variable cost (AVC) is a firm's variable costs (labour, electricity, etc. The average variable cost (AVC) is the total variable cost per unit of output. In economics, average variable cost (AVC) is the variable cost per unit. In the field of economics, the term “average variabl.. Know More


What is yd in economics?


Answer: Yd = disposable income (income after government intervention – e. Yd = Y- T, where Y is national income (or GDP) and T = Tax Revenues = 0. In the Keynesian consumption function, three factors are used to express the tendency for consumers to spend. Answer to: C = 50 + 0. Thus, for example, when we s.. Know More


What is okun's law in economics?


Answer: Okun's law pertains to the relationship between the U. Okun's law was postulated by Yale professor and economist Arthur Okun in the early 1960s. In economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. In economics, Okun's Law descri.. Know More


What is dgp in economics?


Answer: Definition of 'Gross Domestic Product', GDP growth rate is an important indicator of the economic performance of a country. Gross domestic product (GDP) is the monetary value of all finished goods. GDP is perhaps the most closely-watched and important economic indicator for both economists and inves.. Know More


What is development in economics?


Answer: Development economics is a branch of economics that focuses on improving fiscal, economic, and social conditions in developing countries. Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Development economics is a br.. Know More


What is wto in economics?


Answer: The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. So does the impact of new trade opportunities. The WTO provides economic analysis and research that aims to deepen understanding about trends in trade, trade policy issue.. Know More


What is msf in economics?


Answer: Definition: Marginal standing facility (MSF) is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely. Marginal Standing Facility (MSF) - MSF rate in India Definition, use, etc. Marginal Standing Facility (MSF) rate refers.. Know More


What is gtp in economics?


Answer: From Wikipedia, the free encyclopedia. Gross Domestic Product definition - What is meant by the term Gross Domestic Product ? meaning of IPO, Definition of Gross Domestic Product on The Economic. The Ministry of Finance and Economic Cooperation Development The Ministry. Growth and Transformation Pla.. Know More


What is hoarding in economics?


Answer: Hoarding is the purchase of large quantities of a commodity by a. In economics, hoarding is the practice of obtaining and holding resources in quantities greater than needed for one's immediate use. In economics, hoarding is the practice of obtaining and holding resources in quantities greater than .. Know More


What is gsva in economics?


Answer: Gross value added is the output of the country less the intermediate consumption, which is the difference between gross output and net output. Relationship to gross domestic product GDP is an indicator of the health of a national economy and economic growth. Tabulations have been added for GSVA by e.. Know More


What is nni in economics?


Answer: Net national income (NNI) is defined as gross national income minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence. In national income accounting, net national income (NNI) is net nati.. Know More


What is mrs in economics?


Answer: In economics, the marginal rate of substitution (MRS) is the amount of a good that a consumer is willing to consume in relation to another good, as long as the new good is equally satisfying. In economics, the marginal rate of substitution (MRS) is the rate at which a consumer can give up some amoun.. Know More


What is cdr in economics?


Answer: The constant default rate (CDR) is the percentage of mortgages within a pool of loans in which the mortgagors (borrowers) have fallen more than 90 days behind in making payments to their lenders. Definition: The currency deposit ratio shows the amount of currency that people hold as a proportion of .. Know More


What is ldmu in economics?


Answer: The law of diminishing marginal utility is one of the vital laws of economics. What Is Diminishing Marginal Utility? The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal. In economics, the law of diminishing marginal utility states that the margina.. Know More


What is injection in economics?


Answer: Injection means introduction of income into the flow. What are injections? Variables in an economy that add to the circular flow of income, including investment, government spending and exports. When a central bank makes a short-term loan to a member institution, it is said to be injecting liquidity.. Know More


What is mps in economics?


Answer: In Keynesian economic theory, the marginal propensity to save (MPS) refers to the proportion of an aggregate raise in income that a consumer saves rather than spends on the consumption of goods and services. Marginal propensity to save (MPS) is an economic measure of how savings change, given a chan.. Know More


What is nsso in economics?


Answer: The National Sample Survey Office(NSSO) in India is a unique setup to carry out surveys on socio-economic, demographic, agricultural and industrial subjects for collecting data from house holds and from enterprises located in villages and in the towns. It carries out useful surveys on demographic, a.. Know More


What is demand in economics?


Answer: Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service. Demand is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific.. Know More


What is hdi in economics?


Answer: The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. Definition: The Human Development Index (HDI) is a statistical tool used to measure a country's ove.. Know More


What is imf in economics?


Answer: The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF is mandated to o.. Know More


What is yield in economics?


Answer: It refers to the interest or dividend earned on debt or equity, respectively, and is conventionally expressed annually as a percentage based on the current market value or face value of the security. Yield is the return a company gives back to investors for investing in a stock, bond or other securi.. Know More


What is nva in economics?


Answer: Smaller firms' share in Net Value Added (NVA) is a minuscule 7. NVA Meaning in Economics - What does NVA mean? The meaning of NVA is Net Value Added and other meanings are located at the bottom which take place. Production: Value Added Method: Steps and Precautions | Micro Economics. NVAFC can be fo.. Know More


What is nfia in economics?


Answer: Net factor income earned from abroad which is used to differentiate between national income and domestic income. Economics · National Income and Related Aggregates · What is Macroeconomics ? Net factor income from abro. What Is Net Foreign Factor Income (NFFI)?. Meaning Of Economic Territory - Natio.. Know More


What is xed in economics?


Answer: Cross price elasticity (XED) measures the responsiveness of demand for good X following a change in the price of a related good Y. What is cross elasticity of demand (XED). Cross elasticity of demand (XED) measures the percentage change in quantity demand for a good after a change in the price of an.. Know More


What is cso in economics?


Answer: The Central Statistics Office coordinates the statistical activities in the country and evolves statistical standards. The Central Statistics Office (CSO) is a governmental agency in India under the Ministry of. National Sample Survey Office (NSSO) and Central Statistical Office (CSO) are part of St.. Know More


What is poverty in economics?


Answer: Poverty is about not having enough money to meet basic needs including food, clothing and shelter. Poverty is a state or condition in which a person or community lacks the. Poverty is an economic state where people are experiencing scarcity or the lack of certain commodities that are required for th.. Know More


What is npw in economics?


Answer: In finance, the net present value (NPV) or net present worth (NPW) applies to a series of cash flows occurring at different times. Net Present Worth - NPW - or Value of a stream of payments. PV = PW = Present Worth of one or a group of cash flows NPV = NPW = Net Present Worth of a full set of cash f.. Know More


What is aps in economics?


Answer: The average propensity to save (APS) is an economic term that refers to the proportion of income that is saved rather than spent on goods and services. The average propensity to save (APS) is an economic term that refers to the proportion of income that is saved rather than spent on goods and. In ec.. Know More


What is mpw in economics?


Answer: Marginal Propensity to Withdraw (mpw). What is a simple definition of the multiplier? It is the number of times a rise in national income exceeds the rise in injections of demand that caused it. e) Calculations of the multiplier using the formulae 1/(1-MPC) and 1/MPW, where. The complex multiplier i.. Know More


What is ppc in economics?


Answer: The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods. The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two g.. Know More


What is tfp in economics?


Answer: In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e. Total factor productivity (TFP) is a measure of productivity calculated by dividing economy-wide total production by the weighted average of. Professor Emeri.. Know More


What is ujamaa cooperative economics?


Answer: The third principle Ujamaa, or Cooperative Economics, is a clarion call for the Black community to self-define its economic future by building black-owned businesses and cooperatives. UJAMAA (Cooperative Economics) • GKTV's Seven Principles of Kwanzaa. In parts of West Africa and the Caribbean an an.. Know More


What is gdi in economics?


Answer: Gross domestic income (GDI) is a measure of U. The Gross Domestic Income (GDI) is the total income received by all sectors of an economy. The Gender Related Development Index (GDI) is an index designed to measure gender. Let us make an in-depth study of the subject matter and construction of gender-.. Know More


What is ppf in economics?


Answer: In macroeconomics, the PPF is the point at which a country's economy is most efficiently producing its various goods and services and, therefore, allocating its resources in the best way possible. A production possibility frontier (PPF) shows the maximum possible output combinations of two goods or .. Know More


What is ffw in economics?


Answer: Food-for-work (FFW) programs are commonly used both for short-term relief and long-term development purposes. Write a short note on FFW. Economics FFW abbreviation meaning defined here. 2 Department of Agricultural Economics, Michigan State Universi. The National Food for Work Programme(NFWP), 2004 .. Know More


What is mrt in economics?


Answer: The marginal rate of transformation (MRT) allows economists to analyze the opportunity costs to produce one extra unit of something. The marginal rate of transformation (MRT) can be defined as how many units of good x have to stop being produced in order to produce an. To summarize, the MRT measures.. Know More


What is yed in economics?


Answer: YED – definition, Income elasticity of demand refers to the responsiveness of demand for a good to a change in the income of consumers. Income elasticity of demand (YED) measures the responsiveness of demand to a change in income. YED and the business cycle. What is the formula for calculating incom.. Know More


What is tvl home economics?


Answer: HOME ECONOMICS (TVL-HE), TVL-HE is designed to develop students' skills useful for livelihood projects at home. Love to craft and make things? Consider yourself a food lover? Then maybe the Home. The Home Economics track is one of the K-12 tracks that grants students the skills and knowledge necessa.. Know More


What is poverty line in economics?


Answer: The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. Poverty line is the level of income to meet the minimum living conditions. Each state in India has its own poverty threshold to determine how many people are below .. Know More


What is fop in economics?


Answer: Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. In economics, factors of production, reso.. Know More


What is fpi in economics?


Answer: Foreign portfolio investment (FPI) consists of securities and other financial assets held by investors in another country. Foreign investment is generally seen as a catalyst for economic. A foreign portfolio investment is a grouping of assets such as stocks, bonds, and cash equivalents. Foreign Port.. Know More


What is hhi in economics?


Answer: The term “HHI” means the Herfindahl–Hirschman Index, a commonly accepted measure of market concentration. What is Concentration Ratio? The concentration ratio, in economics, is a ratio that indicates the. This article is about the economic measure. What is the Herfindahl-Hirschman Index (HHI)?. The .. Know More


What is dmu in economics?


Answer: What Is Diminishing Marginal Utility? The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. In economics, the law of diminishing marginal utility states that the marginal utility of a good or servi.. Know More


What is omo in economics?


Answer: Open market operations is the sale and purchase of government securities and treasury bills by RBI or the central bank of the country. Monetary policy refers to the actions undertaken by a nation's central bank to control money supply to achieve sustainable economic growth. An open market operation .. Know More


What is tfc in economics?


Answer: Fixed cost (TFC) are the costs of the fixed assets those that do not vary with production. TC TFC TVC Definition Total Cost The total cost of producing any given level of from. Therefore, AFC is the fixed cost per unit of output. Answer to: Fill in the blanks in the following table: Output TC TFC TV.. Know More


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