national income
Gross domestic capital formation is always greater than gross fixed capital formation
Tom reimburses $5.00 for a ticket to see a present hit movie. If Tom was willing to reimburse up to $7.00 for that ticket, his consumer surplus equals: (1) $5.00 (2) $2.00 (3) $7.00 (4) Tom does not receive any consumer surplus as he purchased the ticket.
Government tax and transfer payments generally
Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as
What relationship does the MPC bear to the size of the multiplier
what can be the minimum value of investment multiplier?
Explain with examples the reasons for exceptional demand curve
What do you mean by the term Competitive market?
Give some objective of government Budget. Answer: The objectives which are pursued by government via the budget are as follows: A) To attain economic growth. B) To decrease in equalities in income and wealth.
Fiscal policy measures used for achieving full-employment level of output and price include increase in the government expenditure and cut in tax rates. A cut in tax rates eliminates only the adverse effect of high tax rates, whereas an increase in government expendit
Describe why businessmen mostly wish to open current account in bank?
18,76,764
1927713 Asked
3,689
Active Tutors
1417711
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!