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Capital Account records the international flow of transfer payments relating to capital items . Total No of Views : 1974 |
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CBSE - Economics(Price Elasticity of Demand and Nature of Commodity) Price elasticity of demand refers to the way prices change in relationship to the demand, or the way demand changes in relationship to pricing. Price elasticity can also reference the amount of money each individual consumer is willing to pay for something. |
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CBSE - Economics(Deficient Demand and Excess Demand - Inflationary gap) Inflationary gap is the measure of excess demand where total spending is sufficient enough to buy all the goods produced with full employment. |