Condition for deficit in balance of trade
What is the condition when there is a deficit in balance of trade? Answer: When import > export
What is the condition when there is a deficit in balance of trade?
Answer: When import > export
The Minimum wage laws might efficiently raise employment: (i) When the set wage value surpasses labor market equilibrium. (ii) In industries of profoundly exercised monopsony power. (iii) In no condition; higher minimum wage floods the labor supply and lower minimum w
Autonomous investment: Investment that is made up without depending on the gain of the enterprise.
Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.
What are Bond Theorem Applications and also write down its consequences?
For a negative income tax the break-even level of income plan (NIT) is: (1) negatively related to the plan’s basic income floor. (2) positively related to the negative income tax rate. (3) a main influence on the total cost of t
Can someone help me in finding out the right answer from the given options. The survival of all firms eventually depends on the capability to: (i) Decrease transaction costs to consumers. (ii) Produce economic gain. (iii) Maximize the value of output for given cost. (
Determine the price elasticity of supply of a commodity whose straight line supply curve passes via the origin forming an angle of 45 degree/75 degree? Answer: Unit
Limits to statistical method: The mechanics of generating data and undertaking statistical analysis and modeling with that data are relatively straightforward. What is less clear is the process of structuring the scope and content of an empirical stud
On such demand curve, the demand for DVD games is completely elastic at a price of: (w) $50. (x) $25. (y) $20. (z) None of the above. Q : Shifting of left to right demand curve Shifting from left to right all along demand curve D, the price elasticity of demand for Pixie’s cheesy fried grits will be: (i) Positive, then unitary, and then negative. (ii) Constant and equivalent to one. (iii) More at high prices than at low prices. (iv) Lo
Shifting from left to right all along demand curve D, the price elasticity of demand for Pixie’s cheesy fried grits will be: (i) Positive, then unitary, and then negative. (ii) Constant and equivalent to one. (iii) More at high prices than at low prices. (iv) Lo
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