economics
I help with part 2 and the 4 part question.
IN which situation, there is a deficit in the balance of trade.
The Income effects will be most strongly positive for: (1) Normal goods. (2) Necessities. (3) Superior or luxury goods. (4) Substitutes and much negative for the complements. Find out the right answer from the above options.
The direct economic resources a farmer employs to generate avocadoes would not comprise: (I) human capital in form of expertise regarding growing avocadoes. (II) fertile land. (III) loans from a bank to finance SUCH year’s crop. (IV) machinery,
In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive. (3) Proportional. (4) Unbiased. (5) Recessive.
What is the base of categorizing receipts into revenue and capital receipts?
‘Must a country which is less proficient at generating all goods use import controls to decrease imports from additional countries?’
What are the conditions through which the supply curve will shift?
Speculate regarding the behavior which could result from Internet technology in airline transactions and propose 2 or more strategies to deal with them.
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero? Why or why not should this be the case?
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