Explain about the control of business cycle
Explain about the control of business cycle.
Expert
The business cycle leads to superior poverty and unemployment. The different steps which can be taken to attain economic stability are as follows:
(i) Monetary policy and
(ii) Fiscal policy.
When the income effect of a higher wage rate is extremely powerful in that case the substitution effect, the: (1) supply curve of labor will be positively sloped. (2) demand for leisure increases like income rises. (3) human capital effect is stronger
Labor’s physical productivity based most directly on technology and the: (w) tastes and preferences of consumers. (x) transactions demand for money. (y) prices and availability of the other resources. (z) level of per capita income.
Illustrates the real concept briefly?
A society’s stock of human capital would be least probable to grow as a consequence of: (w) federal subsidies for college education. (x) sustained unemployment during a recession. (y) apprenticeship programs for construction workers. (z) retrain
Illustrates the terms total cost, average cost and also marginal cost?
Declines within the equilibrium marginal revenue product of a firm’s workers are probably to follow the adjustments to: (1) increases in specific training. (2) decreases in the wage rate. (3) increases in the demand for output. (4) hikes in the
Describe the Long term Demand Forecasting.
Illustrates the reasons for charging skimming price strategy?
A firm's total profit can be computed as all of the given except w) total revenue minus total cost. x) average profit per unit times quantity sold. y) (price minus average total cost) multiply with times quantity sold. z) marginal profit times quantity sold.
Demands for resources are derived since they: (1) depend upon producers supplies of such resources. (2) depend on consumers demands for the goods the resources produce. (3) rely on the availability of suppliers. (4) rely on the industry’s demand
18,76,764
1956350 Asked
3,689
Active Tutors
1451132
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!