Define deficient demand
Deficient demand: If AD < AS at full employment level, then it is defined as deficient demand.
When Prohibition Corporation maximizes profit within its production of St. Valentine’s Day software, there average cost per unit of it produced will be roughly: (i) $4 per copy. (ii) $10 per copy. (iii) $18 per copy. (iv) $24 per copy. (v) $32 per copy.
The global wide demand for bicycles would be least probable to be influenced if: (1) Rises in incomes in less developed countries permitted a lot of people to purchase automobiles. (2) Couch-potatoes start heeding their doctor’s suggestion to ex
Which of the given below conditions is most evidently classifiable as the adverse selection? (i) The company manufactures a miracle weight loss solution guarantee enduring weight loss, however in realism the solution only rids surplus water weight for
Curing scarcities in the market for ice cream needs: (i) Rises in the price of ice cream. (ii) Reduces in the supply of ice cream. (iii) Rises in the demand for ice cream. (iv) Reduction in the price of ice cream. (v) Burden of a price floor.
Price discrimination implies: (1) charging different prices for identical goods that have identical production costs. (2) paying wages based on race or sex quite than productivity. (3) exploiting the working masses by charging the highest single price
Define Ex-ante aggregate demand: This is planned or the desired aggregate demand.
Why borrowing is treated as capital receipts? Answer: Because it rises the liability of government.
The percentage of a specific population who is either unemployed or employed or is termed as the: (i) Labor force participation rate. (ii) Work-force proportion. (iii) Income-leisure loss curve. (iv) Substitution effect dominance rate. (v) Labor supply.
In an oligopoly, as opposite to monopolistic or pure competition, industry output within the long run is probable to be: (1) lower along with reduced prices. (2) about similar but with higher prices. (3) lower and with higher prices.
Provide solution of this question. Supposing no other changes, if balances in small time deposits increase by $30 billion and money market mutual funds held by businesses decrease by $30 billion, the: A) M1 and M2 money supplies will not change. B) M2 and MZM money su
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