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Define Macro Economics

Macro Economics: Macro economics studies the economy as an entire.

   Related Questions in Macroeconomics

  • Q : Difference between

    Elucidate the differences among the frictional, structural, and cyclical forms of unemployment.

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  • Q : Explain reason why land Land, capital

    Land, capital and labor are all scarce since: (1) advertising mainly over stimulates human wants. (2) once employed they cannot be used again. (3) each productive resource needs a monetary return for its employ. (4) inheritance under a capitalism prot

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  • Q : Tariffs Tariffs: -are also called

    Tariffs: -are also called import quotas. -may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). -are per unit subsidies designed to promote exports. -are excise taxes on goods exported abroad.

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  • Q : What is Equilibrium What do you mean by

    What do you mean by the term Equilibrium? Also state its proper definition.

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  • Q : Changing value of multiplier ‘Over the

    ‘Over the precedent 30 years, and particularly as our entry into the EU, imports (and exports) as a proportion of GDP have increases considerably in the UK. What influence has this had on the value of multiplier in the UK?’

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  • Q : What are the strength and weakness What

    What are the strength and weakness of using per capital national income? give explained answer for query

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  • Q : Shortage of the good Describe when

    Describe when there will be a shortage of the good?

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  • Q : Net revenue when price increases Net

    Net revenue for Macho Man fake mustaches increases after the price raised from $5 to $7, pointing that demand faced by Macho Man was: (i) Relatively elastic. (ii) Relatively inelastic. (iii) Unitarily elastic. (iv) Perfectly inelastic. (v) Perfectly e

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  • Q : Why businessmen prefer current bank

    Describe why businessmen mostly wish to open current account in bank?

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  • Q : Profit sharing plan For the firm, the

    For the firm, the major goal of profit sharing plans is to:

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