Explain about the control of business cycle
Explain about the control of business cycle.
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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 an economic alteration makes one person better off whereas no one else is affected, then this is: (w) efficient to make the change. (x) traumatic to make the change. (y) neither good nor bad for society. (z) strictly a positive value judgment to
What are the features of phases of business cycle?
States the Welfare Definition in economics?
By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d. Q : What is Scarcity Definition of economics What is Scarcity Definition of economics?
What is Scarcity Definition of economics?
A supply of specialized labor tends to shrink while: (1) the social status of that field rises. (2) an increase in income expectations happens. (3) employment stability increases and training costs decrease. (4) wages rise into a field using similar s
demand has three essentials-damand+purchasing power+.???
When the real wage raises, in that case an additional unit of: (w) labor supplied will buy fewer goods. (x) leisure is more expensive. (y) output need more labor time. (z) capital becomes more highly utilized. Can
Illustrates the relation between Average Revenue, Total Revenue and Marginal Revenue?
What is Oligopoly? Explain in brief.
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