How prices allocate resources
How prices allocate resources?
Expert
A) The model of supply and demand is an influential tool for analyzing the market.
B) Supply and demand altogether finds out the price of the economy’s services and goods.
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
Determine the value of MPC whenever MPS is zero? Answer: Whenever MPS = 0, MPC = 1 – 0 = 1.
Illustrate, why is tax not a capital receipt?
Question: Was the stimulus package passed in 2009 as success? In answering this question the focus should be the articles on the syllabus, but you should also include opinions of other commentators. &nbs
What are the Steps to analyze modifications in equilibrium?
Does a surplus of AD over AS always entail a condition of inflationary gap? Answer: No. Inflationary gap takes place only if AD > AS equivalent to full employmen
Why is recovery of loans taken as a capital receipt? Answer: Recovery of loans is always treated as a capital receipt since it leads to refuse in financial assets o
is studying economic worth your time and effort
Describe when there will be a shortage of the good?
How can governments seek to control their national economies through fiscal and monetary policies?
18,76,764
1950021 Asked
3,689
Active Tutors
1424505
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!