Define Quantity of a good
Quantity of a good: The quantity of a good which buyers demand is found out by the price of the good, income, the prices of associated goods, expectations, tastes, and the number of buyers.
Macro Economics: Macro economics studies the economy as an entire.
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
What is meant by the term business cycle as described by economists?
Inflation is frequently described as "too much money chasing too few goods." Is this a satisfactory definition?
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Diminishing prices will raise total revenue from DVD game sales at each and every price: (1) On this demand curve. (2) Beneath $25. (3) Above $25. (4) Beneath $30. Q : Meaning of Fiscal policy Meaning of Meaning of Fiscal policy:Fiscal policy is the set of decisions and principles of a government regarding the extent of public expenses and mode of financing them. It is about the attempt of g
Meaning of Fiscal policy:Fiscal policy is the set of decisions and principles of a government regarding the extent of public expenses and mode of financing them. It is about the attempt of g
is studying economic worth your time and effort
Task 1 – Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins! Calculate- a) The monetary base. b) The bank
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
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