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Illustrations of macroeconomic aggregates would NOT consist of the: (1) tax responsibilities of a family. (2) unemployment rate. (3) level of national income. (4) supply of money. (5) rate of inflation. Can someone
Why the borrowings by Government are taken as capital receipts?
Describe whether the sale of old scooter is comprised in national income?
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
A family’s newly constructed home can produce the service of shelter across several years, therefore from a macroeconomic perspective, this is most reasonably classified as: (i) economic capital. (ii) social infrastructure. (iii) market capitalization. (iv) a fi
What is the base of categorizing receipts into revenue and capital receipts?
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
How can governments seek to control their national economies through fiscal and monetary policies?
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
The consumer reaches equilibrium for any two goods X and Y whenever the: (1) MUx/Px = MUy/Py. (2) MUx/MUy = Py/Px. (3) Utility from X equivalents the utility produced by Y. (4) Point of diminishing returns is arrived at. Can someon
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