IS-KM Model with classical supply
discuss with the help of IS-LM model why money has no effect on output in classical supply case
Since the percentage of income paid in taxes generally declines as taxpayer income increases, standard sales taxes and “sin” taxes [for example, excise taxes upon liquor or tobacco] are illustrations of: (1) proportional t
What is "demand-pull" inflation?
(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?
The least apparent illustration of how decisions are generally ‘at the margin’ would be: (i) Purchasing an additional novel after learning that all paper-backs at Borders are on sale for 25 percent off. (ii) Tossing a 6-year old cousin to the deep end of t
Quetion: Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading. Include in your answer why solutions to the problem
Why the borrowings by Government are taken as capital receipts?
What is the base of categorizing receipts into revenue and capital receipts?
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
In what respect foreign trade will be helpful in eliminating the adverse economic influences of deficient demand? Answer: Export increases the demand for services a
Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
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