Money functions
Give me answer of this question. Money functions as: A) a store of value. B) a unit of account. C) a medium of exchange. D) all of the above.
Along this illustrated linear demand curve, there is: (1) inelastic portion is range a. (2) elastic portion is range b. (3) midpoint is unitarily price elastic. (4) elasticity is constant in each and every ranges. (5) midpoint elasticity becomes infin
The only industrial structure in that all firms are pure quantity-adjusting price takers is: (1) impure oligopoly. (2) pure monopoly. (3) pure or perfect competition. (4) monopolistic competition. (5) pure oligopoly. Q : Define deficit budget Deficit budget : Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
Other things equal, an improvement in productivity will: A) shift the aggregate demand curve to the left. B) shift the aggregate supply curve to the left. C) shift the aggregate supply curve to the right. D) increase the price level.
As per this illustrated figure as in below, the total annual revenue of Robot Butlers, Inc. will be greatest when this produces and sells as: (w) 5,000 Robot Butlers. (x) 10,000 Robot Butlers. (y) 15,000 Robot Butlers. (z) 20,000 Robot Butlers. <
Describe why is the budget line slope downward?
The modification in purchases which results since changes in relative prices modify the purchasing power of a consumer's income is termed as: (i) Adjustment margin. (ii) Income effect. (iii) Demonstration effect. (iv) Transfer pattern. (v) Replacement
From 1976 year, after adjusting income for taxes and transfers, the relative income group which, according to the Department of the Census, which has decreased most markedly like a percentage of the U.S. population ha
Is import of machinery recorded in capital or current account? Answer: It is recorded in current account since it deals as the purchase of goods.
notes on separable utility function in microeconomics
18,76,764
1960324 Asked
3,689
Active Tutors
1456659
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!