Business cycle
What is meant by the term business cycle as described by economists?
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It refers to alternating increases and decreases in the level of business activity which is measured by the level of real GDP. The changes in activity levels are manifested in other variables like consumption spending, interest rates, consumer confidence levels, business confidence, unemployment levels, inflation rate, among many other indicators.
What do you mean by the term Equilibrium? Also state its proper definition.
use two market diagrams to explain how an increase in state subsidies to public colleges might affect tuition and enrollments in both public and private colleges?
‘The country is at present in recession and this has led to worse tax revenue and high expenses. The effect is a huge deficit. The government decides to increase taxes and lower government expenses. Is this an excellent idea?’
Substitutes: The two goods for which a rise in the price of one good leads to a rise in the demand for another.
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
What are the main sources of supply of foreign currencies into domestic economy? Answer: A) Foreigners purchasing home country’s goods and services via exports. B) Foreign investment in home country via
Elucidate the basis of categorizing government receipts into revenue receipts and capital receipts. Answer: Revenue Receipts: The government revenue receipts are such receipts A) that neither makes liability
The basic determinant of the transactions demand for money is the
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
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