Current deposit account
Name the additional facility that the businessman acquires in the current deposit account of bank. Answer: The businessman acquires the facility of overdraft (that is, OD) in current account of the bank.
Name the additional facility that the businessman acquires in the current deposit account of bank.
Answer: The businessman acquires the facility of overdraft (that is, OD) in current account of the bank.
Glynn’s preferences in between work and leisure give in a: (i) wealth effect that exceeds the leisure consequence above point c. (ii) weak preference for working more than 40 hours per week. (iii) substitution effect that exceeds the income effect at wage rates
Can someone please help me in finding out the accurate answer from the following question. The labor monopsonist who is as well a monopolist in an output market: (1) Always makes huge profits. (2) Hires more units of the labor when
Sticky prices within oligopoly markets are: (w) predicted by the kinked demand curve model. (x) substantiated by many statistical studies. (y) most common for highly differentiated products. (z) a result of price discrimination. Q : Average cost-aversge variable Relation between Average cost, aversge variable cost and Marginal cost: Q : Price elasticity of demand coefficient A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)
Relation between Average cost, aversge variable cost and Marginal cost: Q : Price elasticity of demand coefficient A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)
A price elasticity of demand coefficient of infinity implies that: (w) the demand curve is horizontal. (x) each 1 percent price hike elicits a 1 percent increase in revenue. (y) total revenue increases proportionally as a firm increases its price. (z)
A monopolist will shut down within the short run while its equilibrium price as: (1) equals short-run average cost. (2) exceeds marginal cost. (3) is less than average variable cost. (4) is less than average fixed cost.
A large negative GDP gap implies: A) an excess of imports over exports. B) a low rate of unemployment. C) a high rate of unemployment. D) a sharply rising price level.
This capital market is within a closed private economy. Primary plans of savers and investors are demonstrated as curves S0 and I0. There Market equilibrium will exist at: (1) point a. (2) point b. (3) point c. (4) point d. (5) point
The firm probable to encompass significant monopsony power in its labor market would be: (1) Big cotton farm in the Texas hiring migrant workers. (2) Textile producer in the Hong Kong hiring factory workers. (3) Janitorial service firm in London hiring the maintenance
The tax on a good tends to make: (i) Inflationary pressure the govt. can disperse by cutting its spending. (ii) The wedge among prices buyers pay and the prices sellers obtain. (iii) Rises in supply from the viewpoint of buyers. (iv) More quick transa
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