Economics

Sandeep Garg National Income Solutions – Q Nos 1 to 20 – Macro Economics (2025-2026)

Below you will find the solutions for Sandeep Garg macroeconomics class 12 National Income Chapter unsolved practicals. Sandeep Garg is a very useful book and is among the top books used by students for preparing for class 12 CBSE Board economics paper. The solutions given below are for 2025-2026 edition which is the latest edition. […]

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Import Substitution vs Export Promotion

Import Substitution vs Export Promotion 🌍 International Trade Strategies Understanding Import Substitution & Export Promotion 📚 Basics 💱 Foreign Exchange 🎯 Strategies ⚖️ Comparison 🌟 Examples 📤 What is Export? Export means selling goods and services produced in our country to other countries. Key Point: When we export, we earn foreign currency (like US Dollars,

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Domestic Territory in economics

Understanding Domestic Territory in Economics Today we will learn about an important concept in Economics called Domestic Territory. This concept is very important for calculating national income. What is Domestic Territory? Domestic Territory is the geographical area that a country’s government controls or manages. It’s the place where people, goods, and money can move around

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Broad money supply and Narrow money supply concepts

The measurements of money supply can be classified into Broad money supply and Narrow money supply. But to understand this first we have to understand the meaning of liquidity of money Liquidity of Money Liquidity refers to the efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price. The most

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Supply of Money

There are two different concepts. First is stock of money and second is supply of money. And both are very much different. Lets first understand the stock of money. Stock of money includes the amount of money held by a) consumers of money i.e. people of the country and b) Suppliers/Producers of money i.e. Government

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