economics
expectations of price hike for durable goods tend to:
Is import of machinery recorded in capital or current account? Answer: It is recorded in current account since it deals as the purchase of goods.
The knowledge regarding local trees and shrubs which Morgan learns as working as an apprentice landscaper in suburbs of a big city is an illustration of the advantages from: (i) Dirty work. (ii) Dues-paying. (iii) General training. (iv) High-skilled employment. (v) Sp
In drawing the production possibilities curve we assume that: 1) technology is fixed. 2) unemployment exists. 3) economic resources are unlimited. 4) wants are limited.
This illustrated graph is most consistent along with the environment confronted through a: (w) purely competitive firm which makes economic profit within the short run. (b) monopolistically-competitive firm into long run equilibrium. (c) firm along with oligopoly powe
The most compatible along with capitalism of the normative criteria for income distribution, which is the: (1) contribution standard. (2) gold standard. (3) needs standard. (4) balanced standard. (5) equality standard. Q : Maximizes profits or minimizes losses When it is feasible for total revenue to exceed variable costs, in that case a monopolist which does not price discriminate maximizes profits or minimizes losses from producing the output where marginal revenu
When it is feasible for total revenue to exceed variable costs, in that case a monopolist which does not price discriminate maximizes profits or minimizes losses from producing the output where marginal revenu
Inferior goods in economics: Inferior goods refer to such goods whose demand reduces with the rise in income of consumer.
When the capital-to-labor (K/L) ratio raises: (1) capital becomes more productive. (2) the interest payments to capital will raise. (3) the wages to labor will probably reduce. (4) labor productivity should rise. (5) the price of capital increases.
If all US Treasury bonds are perpetuities that annually pay the sum of one thousand and 00/100 dollars [$1000] each year, always, to the holder of this bond starting one year from today and if the current market price of such bond wer
Transactions increase and demand prices move below supply prices while a good turns into: (w) subsidized by the government. (x) subject to a high sales tax. (y) more technologically advanced. (z) a complementary by pr
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