Simple Economics

Components of the Government Budget The budget of the Government has two components namely A) Revenue Account and B) Capital Account. ...

Functions of Money G. Crowther defines money as “Anything that is generally acceptable as a means of exchange and at the same time acts ...

Functions of Commercial Banks Banks which finance trade and commerce are called Commercial banks. Modern commercial banks perform main...

NATIONAL INCOME National income refers to the sum total of all the final goods and services produced in a country and net income from ab...