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cool coolBro, let's keep this MCQ in the query list. I'd ask my economics sir to help me out in this one because I can't find a way to explain this.
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cool coolBro, let's keep this MCQ in the query list. I'd ask my economics sir to help me out in this one because I can't find a way to explain this.
Is the answer C ?View attachment 38707
pls hlp ...
yaIs the answer C ?
During a slump spending is more and taxes are less. (G>T) so if they increase tax in this situation, it will help the government maintain their budget. (Moving towards G=T)
But the right answer is B anyway!View attachment 38786
whats the answer ???? the mark scheme says B and Examiners Report also says B but it also says this
View attachment 38787
Answer is B.View attachment 38786
whats the answer ???? the mark scheme says B and Examiners Report also says B but it also says this
View attachment 38787
I'll explain it here.Any one has notes on expenditure switching and expenditure dampening policies?
I'll explain it here.
Expenditure dampening policy, as the name suggest are the ways in which the government cuts off its expenditures in order to reduce the aggregate demand in an economy. This can be done in the following ways:
1) Contractionary Fiscal policy: Includes taxes and government expenditure (Increases taxes and reduces government expenditure)
2) Contractionary Monetary policy: Money supply and interest rate (reduces money supply and increases interest rate)
Whereas in expenditure switching policy, the government tries to switch the consumer's expenditure from imports to locally manufactured products. For this to be successful, government must undertake capital good imports as to provide quality products.
http://www.s-cool.co.uk/a-level/eco...-does-a-government-reduce-a-current-account-d
jazakallahCandidate response booklet by CIE! I hope it helps, remember me in prayers.
http://www.4shared.com/office/E-aiD45ace/9708_Economics_Example_Candida.html
we have to allocate only if fixed OH is given as per hourhey how do we treat fixed overheads in process accounts when a work in progress arises, i mean do we allocate it over all units entering the process (normal activity) or just the completed units. urgent help needed on this!!!!!
how? plz tell me the treatment if FOH given per unit n per hour?we have to allocate only if fixed OH is given as per hour
we dont allocate if per unit
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