Define Macro Economics
Macro Economics: Macro economics studies the economy as an entire.
In market economies, what are the signals which guide economic decisions?
Distinguish between full-employment equilibrium and Under-employment equilibrium. Whenever equality among AD and AS is at full employment level it is termed as full employment equilibrium. Although whenever equali
Categorize the borrowings and recovery of loans into capital and revenue receipts of government budget. Give reason too.
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
Analyze at least 3 possible regions for the industry which could lead to transaction costs, explaining each in detail.
Define the term Supply curve.
Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &
Fiscal policy measures used for achieving full-employment level of output and price include increase in the government expenditure and cut in tax rates. A cut in tax rates eliminates only the adverse effect of high tax rates, whereas an increase in government expendit
Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero? Why or why not should this be the case?
State the Law of supply and explain the factors that affecting supply of commodity
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