MPC, MPS, multiplier
What relationship does the MPC bear to the size of the multiplier? The MPS? What will the multiplier be when the MPS is 0, .4, .6, and 1
What do you understand by the term Price (P) at Market in Economy?
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Definition of equilibrium price: It is the price which balances quantity demanded and quantity supplied. The equilibrium price is frequently termed as the "market-clearing" price since both buyers and sellers are p
What are the strength and weakness of using per capital national income? give explained answer for query
What are the four methods that FED can use to make money? What are the most powerful one and what technique the FED to create a gradual easing of the money supply either created or destroyed most seldom uses?
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
Bank rate: This is the rate at which the central bank loans money to commercial bank.
Whenever people can’t purchase all of a good they are willing and capable to pay for at present market price, there is surely a market: (1) Price ceiling. (2) Price floor. (3) Shortage. (4) Anomaly. (5) Surplus. Please
what are the four factor of economic growth
Economic growth is measured by the rate of increase in national output, GDP. The output depends on inputs -labour, capital technology etc. the theories of economic growth bring out how and to what extent each input or factor contributes to the g
18,76,764
1951702 Asked
3,689
Active Tutors
1421393
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!