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| circular flow diagram |
Why National
income is different from country to
country? Of the factors mentioned in the post Determines
incom nation, explain that why some countries have higher incomes than in
other countries, and suggests some difficulty in raising the national income.
We will investigate this issue more fully in the upcoming posts. This time
we'll talk of National Revenue and the theory of circular flow.
Why national income is not
always as great as it should. And what can be done to make the national income bigger?. The size of a country's national income (which is more or less
the same as "gross national product" or "gross domestic
product", which has been discussed in the post monopoly
depends on a number of things.
How did the first people created the credit? Previously we have discussed how the medieval goldsmiths soon realized that they do not have to confine all the money saved with them. They simply keep a small part and lend the rest. So is the modern bank in the modern economy. If you find a stack of paper money is still good and worth a thousand new dollars invested in a chest in the backyard by his aunt Matilda. You take it to your bank,
How much money who owned a
country? Because
everywhere people assume that the rate of price
in any country depends on the supply of money, this question is an important
question. And
at first glance does not seem difficult to answer, because the average person
think of money as bank notes and coins in his pocket. Of
course the government knows how many coins and banknotes that have been
printed? Why is it difficult?
