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.
Does full employment take place if AD = AS or S = I?
Definition of shortage: It is a condition in which quantity demanded is more than the quantity supplied. The sellers will respond to the shortage by increasing the price of the good till the market reaches the equi
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
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Why the borrowings by Government are taken as capital receipts?
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Briefly explain the four supply factors in economic growth?
A flat rate income tax for all levels of income along with no exceptions would be taken as a: (i) proportional tax. (ii) progressive tax. (iii) regressive tax. (iv) common tax. Can anybody suggest me the proper exp
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
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