Questions

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

• The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

• The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.

The Vijaya Stambha is an imposing victory monument located within Chittor Fort in Chittorgarh, Rajasthan, India. The tower was constructed by the Mewar king, Rana Kumbha, in 1448 to commemorate his victory over the combined armies of Malwa and Gujarat led by Mahmud Khilji.

A voting machine is a machine used to register and tabulate votes.

In the given options, It was invented in 1898 is the false statement as it was actually invented in 1875 with some faults in it.

NASA announced a Seven new system of Exoplanets, which are Earth-size, and could potentially hold life.These exoplanets are located outside of our solar system and orbit a star. NASA has named the system of planets after the ‘Transiting Planets and Planetesimals Small Telescope,’ which is located in Chile. This telescope first discovered three of the planets in this system in May 2016. Unlike Earth, which rotates on its axis, the planets are “tidally locked to the star.” This means that one side of the planet has only day, and one side has only night. It also means the weather conditions are unlike what we experience on Earth.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

In the middle of the 6th centuryB.C, a powerful empire was established in Iran this empire which lasted over two centuries is known as the Achaemenid Empire. The founder of this Empire was Cyrus with his capital at pasargadae. In 539 B.C, cyrus defeated the Babylonians and extended his empire over a vast territory up to Asia Miner. His successor was Darius I (522-486 B.C).