economics
I help with part 2 and the 4 part question.
1) How can governments seek to control their national economies through fiscal and monetary policies?2) What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects
Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations) and 'rational expectations' in modeling expectations. Answer:<
Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average
How can Equilibrium of a market be exist?
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
Gross domestic capital formation is always greater than gross fixed capital formation
Can someone please help me in finding out the accurate answer from the following question. When Brussels sprouts cost $1 per pound and tofu is $2 per pound and your marginal utilities (additional jollies) from either an additional pound of tofu or an additional pound
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
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.
Describe the fiscal measures to accurate the condition of deficient demand and excess demand. Answer: Fiscal measures are the government’s budgetary policy th
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