Can GNP be more than GDP
Can GNP be more than GDP? Answer: Yes, GNP can be greater or more than GDP if NFIA is positive.
Can GNP be more than GDP?
Answer: Yes, GNP can be greater or more than GDP if NFIA is positive.
When Adam Smith’s invisible hand executed with no government intervention, this market would be in equilibrium and quantity of Whopper Slushees demanded the quantity supplied would be equivalent at: (i) Price P1. (ii) Quantity Q1. (iii) Price P3. (iv) Quantity Q
Natural barriers to entry within a market arise primarily by: (w) strategies by existing firms to discourage the entry of new firms. (x) perfectly inelastic demands for products. (y) the declining cost structure inherent in producing specific goods. (
Question: (a) Explain the impact of external costs and external benefits on resource allocation; (b)  
Throughout periods while the activities of speculators raise the volatility and average level of prices, classical speculators are most probable to: (1) gain profits by buying high and selling low. (2) reduces the risks to other firms of doing busines
What is the Expected Rate of Inflation. Illustrate the term.
The government breakup of AT and T within various regional telephone companies and deregulating long distance services are illustrations of government: (w) enforcement of company size ceiling regulations. (x) creation of monopoly powers. (y) trying to
The demand curves for most of the nondurable consumer goods would be least influenced by modifications in: (i) Interest rates. (ii) House-hold income. (iii) Prices for related goods. (iv) Tastes and preferences. Ca
The clauses in labor contracts that need continued employment of the workers whose jobs are technologically outdated are termed as: (1) Moth-balling. (2) Yellow dog contracts. (3) Featherbedding. (4) Goldbricking. (5) Shirking clauses. Q : Needs by marginal revenue equals to A monopolist produces where marginal revenue [MR] equals marginal costs [MC] when it needs to maximize: (i) total revenue. (ii) consumer surplus. (iii) profits. (iv) total revenue, producer surplus and profits. (v) job security.
A monopolist produces where marginal revenue [MR] equals marginal costs [MC] when it needs to maximize: (i) total revenue. (ii) consumer surplus. (iii) profits. (iv) total revenue, producer surplus and profits. (v) job security.
All firms maximize profit by manufacturing output where is: (w) AC = MR. (x) MC = MR when maximum total revenue exceeds total variable costs. (y) MR is rising. (z) TR = TC. How can I solve my Economics
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