If households
If households become more willing to hold less cash and more stocks or bonds, the
Widely accepted normative macroeconomic policy objectives include: (w) full employment and economic development. (x) allocative, productive, and distributive efficiency. (y) maximum freedom and economic profits. (z) job security and equality within th
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
Describe when there will be a shortage of the good?
What occurs to aggregate demand if the government budget is in deficit? Answer: The deficit budget raises the aggregate demand since the deficit budget signifies th
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
What relationship does the MPC bear to the size of the multiplier
In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive. (3) Proportional. (4) Unbiased. (5) Recessive.
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
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.
When you pay a straight A student in advance to write up your term paper and that person expends the money on a party and then, hung-over, can’t do a good job and hence you wind up with an F for submitting sloppily written gibberish, you encompass just suffered
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