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 is the alternative name of value added technique of estimating national income? The alternative name of value added technique of estimating national income is production method.
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Determine the value of total receipts of government budget when budget deficit is Rs 2,000 crores and the net expenses is Rs 3,000 crores.
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone
how many systems of note issue are there??
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
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I don't know how to make him stop dancing
Explain the concept of “economies of scale” and “increasing returns”.
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