Define open Market operation
Open Market operation: Open Market operations term to the purchase or sale of government securities in an open market by the central bank of country.
If MPP is zero, what can you state regarding TPP? Answer: TPP is at its maximum.
People who decline to buy the products of a firm whose activities they disapprove, especially whenever such rejection is intended to support the employees who are on strike, and who advise others to not purchase such products, or to not deal with these firms, are enga
A monopolist who does not price discriminate, that is: (w) cannot maximize profit by producing where demand is unitarily elastic. (x) will maximize profit where demand is unitarily elastic when all costs are fixed. (y) will maximize profit where deman
An economic rent is earned when the owner of any resource as: (w) receives income greater than the minimum required to ensure that the quantity demanded is obtainable. (x) exerts control over the payment for the resource. (y) sells input services in a
For normal goods which experience price changes, then the income effect: (i) Recognizes how higher money income influences demands for goods. (ii) Invalidates the diminishing marginal utility law. (iii) Offsets the substitution effect. (iv) Reinforces the substitution
The removal of exploitation of labor [that is, wage payments beneath the value to society of each and every individual worker’s productive contribution] is automatic when business decision makers: (1) Should set wages via collective bargaining agreements with th
Why does a good or service become a public good or service?
A competitive firm is LEAST capable to adjust its inventories throughout the: (w) market period. (x) short-run. (y) intermediate period. (z) long-run. Hello guys I want your advice. Please recommend some views for above Eco
Utility: The wants satisfying power of a commodity is termed as utility.
As the price falls by P4 to P3 to P2 to P1 beside such demand curve for Pixie's cheesy fried grits, then total revenue: (w) always rises. (x) always falls. (y) rises then falls. (z) falls then rises. Discover Q & A Leading Solution Library Avail More Than 1443585 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1952701 Asked 3,689 Active Tutors 1443585 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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