Another solution to the apparent contradiction between the proportional long-run and non...
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What is consumption puzzle
Keynes’ assertion that the APC falls as income rises led some Keynesians to formulate the...
Relative Income Hypothesis
The Relative Income Hypothesis The relative income hypothesis of James Duesenberry is based on the...
Concept of Multiplier
Keynes considers his theory of multiplier as an integral part of his theory of employment. The...
General equilibrium of the economy through IS and LM function
The Keynes in his analysis of national income explains that national income is determined at the...
Keynes’s Psychological Law of Consumption
Keynes propounded the fundamental Psychological Law of Consumption which forms the basis of the...
Fisher’s transactions approach
Quantity Theory of Money: Fisher’s Transactions Approach: The general level of prices is...
Differentiate between recruitment and selection
Key Differences between Recruitment and Selection The following points are substantial so far as...
What is staffing / important for an organisation
Meaning of Staffing : The term ‘Staffing’ relates to the recruitment, selection...
Various elements of the staffing process
Staffing is defined as, “filling and keeping filled, positions in the organizational...