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Explain the term Shut Down Price? Illustrate it.
Describe when there will be a surplus of the good?
What is Demand schedule and how it is associated to demand curve?
Why is interest received classified as revenue receipt? Answer: Interest received is a revenue receipt since it does not build any liability nor it leads to the red
What relationship does the MPC bear to the size of the multiplier
What points out zero primary deficits? Answer: Zero primary deficits signify that the government has to resort to borrowings simply to make interest payments.
The practice explores how monetary policy influences the economy and the type of factors which are significant in finding out the Monetary Policy Committee’s decision.
No need apa format no need introduction and conclusion Only answer question being ask, thanks
Imports and American cars are much close however not perfect replacements. When the U.S. govt. tried to enhance American car sales by setting a price ceiling of P1 on imported cars: (i) The quantity of cars imported will drop/fall from Q0 to Q1. (ii)
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
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