Define deficit budget
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
The Production possibilities frontiers are most probable to shrink when: (1) National income becomes less fairly distributed. (2) High-tech agriculture reduces jobs for migrant farm workers. (3) A 3-hour nuclear war blasts technology back to Stone Age
Can someone please help me in finding out the accurate answer from the following question. Employer with the monopsony power which as well had the ability to wage discriminate perfectly would tackle a marginal factor cost of labor
Elucidate what kind of market supply and demand information would be use full to you in deciding on a business policy?
Billy recently invented and in that case patented a motorized flying skateboard which transports people to and from their destinations in less than half the time this would take to ride or drive a bus. Billy is protected from competition from a: (1) regulatory barrier
Discuss the impact of a monopoly on the welfare of the citizens of the country. In your discussion you should include policies that can be implemented by the government too reduce the abuse of dominant position in the market.
Question: a) Johnny consumes peanuts (x1) and a composite good (x2). His utility function is U = x1x2. His marginal utilities are MU1 = x<
Due to enhancement of technology, the marginal costs of televisions encompass vanished. How will it influence the supply curve of television? Answer: Supply curve w
In the theory of cost and production, the long run is the period: (i) Of 1-year or longer. (ii) Of 5-years or longer. (iii) In which we all are dead. (iv) Permitting the capacity to wholly adjust. Can someone pleas
When the price of a financial asset is of $2,000 and the interest rate is 10 percent, in that case investment is not reasonable for: (1) a perpetuity paying $200 annually. (2) an income stream paying $1000, $800, and $600, respectivel
When Presidio, Hybrid Roses and Texas boomed learned which its rent and utilities had soared upward by $9 per hour hence a new five-year lease would now cost $60 per hour, therefore this monopolist will: (w) continue to realize positive economic profi
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