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    genny saini's Avatar
    genny saini Posts: 3, Reputation: 1
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    #1

    Dec 7, 2008, 03:30 AM
    Cicular flow diagram explaining how govt. can run budget deficit continuously?
    Using circular flow diagram, explain how the government can continuously run budget deficit i.e. spent more than received in revenue from taxes?
    genny saini's Avatar
    genny saini Posts: 3, Reputation: 1
    New Member
    		  
    #2

    Dec 7, 2008, 03:38 AM
    Some aspects not incomes bt though included in finding GDP why?
    Indirect business taxes and capital consumption allowance are not incomes yet they are included in order to find gdp as national income received. Why do we add these two non-components of income to the other componentsof income to find GDP?
    genny saini's Avatar
    genny saini Posts: 3, Reputation: 1
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    #3

    Dec 7, 2008, 03:46 AM
    How vl the gvn payment enter into GNP into personal income?
    A classical musician receives a grant from a large corporation to be used to study in europe. How will this payment enter into GNP into the personal income. Will this payment different from the one made to an engineer employed by a company?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #4

    Dec 7, 2008, 04:34 AM
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: Ask Me Help Desk - Announcements in Forum : Homework Help
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