Define deficit budget
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
When all bonds are perpetuities which annually pay $100, at an interest rate of 2%, in that case the price of these bonds would be: (1) $9800. (2) $5000. (3) $980. (4) $800. (5) $1,020. How can I s
The cranberry industry’s short-run supply is demonstrated as: (i) curve A. (ii) curve B. (iii) curve E. (iv) curve F. (v) curve G. Q : Average Variable Cost-Average Total Describe the relationship among Average Variable Cost (AVC) Average, Total Cost (ATC) and marginal Cost (MC)? Answer: A) If MC
Describe the relationship among Average Variable Cost (AVC) Average, Total Cost (ATC) and marginal Cost (MC)? Answer: A) If MC
Associate to short-run supply curves, in long-run industry supply curves tend to be additionally: (i) vertical. (ii) positively-sloped. (iii) profitable. (iv) income inelastic. (v) price elastic. C
When directory assistance adds to the variable costs of cell phone Company, in that case the efficient price for directory assistance from the vantage point of society as an entire would be: (w) zero. (x) one that covered the average
In this demonstrated figure purely competitive lumber mill’s generic 2×4s now sell for: (1) $3.60 each. (2) $3.00 each. (3) $2.70 each. (4) $2.40 each. (5) $2.10 each. Q : Reduced monopoly power by oligopolistic The allocative inefficiency commonly related with the exercise of market [i.e., monopoly] power tends to be reduced when oligopolistic firms: (1) differentiate their products by competitive advertising. (2) price discriminate based upon the price elas
The allocative inefficiency commonly related with the exercise of market [i.e., monopoly] power tends to be reduced when oligopolistic firms: (1) differentiate their products by competitive advertising. (2) price discriminate based upon the price elas
Can someone please help me in finding out the precise answer from the following question. One of the reasons that some new corporations secure much financing by selling the stock is that: (1) Financial investors form higher rates of return from the bond interest than
Under pure competition, there is marginal social benefit will equivalent marginal social cost unless: (w) “hit and run” entrepreneurs prosper. (x) economic profits are zero. (y) there are externalities. (z) entrepreneurs a
Meager Russian grain harvests during the year 2001 led to increasing exports of U.S. grain to Russia, that symbolized a raise in the: (1) Demand for Russian grain. (2) Supply of U.S. grain. (3) Supply of Russian grain. (4) Demand for the U.S. grain. Discover Q & A Leading Solution Library Avail More Than 1418497 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1958236 Asked 3,689 Active Tutors 1418497 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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