Econ question
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With the help of graph discuss the determinants of transaction demand.
Which of the following lists includes only capital resources (and ther Which of the following lists includes only capital resources (and therefore no labor or land resources)?
Why can be value of MPC be not more than one? Answer: The value of MPC will not be more than one since increment in consumption (ΔC) can’t be more than
How does an internally held public debt differ from an externally held public debt?
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
Describe when there will be a shortage of the good?
State main sources of demand for foreign currency? Answer: The four main sources of demand for foreign currency are as follows: A) To buy services and goods from other countries. B) To send a gift abroad.
In June 2005, a Big Mac sold for 6,000 pesos in Colombia and $3.00 in the United States. The exchange rate in June 2005 was 2,300 pesos per dollar. So, on Big Mac purchasing power parity grounds the Colombian peso was
Describe whether the sale of old scooter is comprised in national income?
Explain the term Shut Down Price? Illustrate it.
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