Negative GDP gap
A large negative GDP gap implies: A) an excess of imports over exports. B) a low rate of unemployment. C) a high rate of unemployment. D) a sharply rising price level.
Price minus average total cost i.e., P - ATC equals: (w) total profit. (x) marginal cost. (y) marginal revenue. (z) profit per unit of output. Please choose the right answer from above...I want you
After the morula phase what is the subsequent stage? What is the morphological attribute which defines this phase?
LoCalLoCarbo has turn into the favorite of fad dieters. There in illustrated graph curve B shows: (i) LoCalLoCarbo’s marginal cost curve. (ii) LoCalLoCarbo’s average variable cost curve. (iii) LoCalLoCarbo’s average total cost curve. (iv) the market
Types of elasticity of supply: There are five kinds of elasticity of supply:1. Perfectly elastic supply: Q : Demand curve for peanuts Question: a) Question: a) Johnny consumes peanuts (x1) and a composite good (x2). His utility function is U = x1x2. His marginal utilities are MU1 = x<
Question: a) Johnny consumes peanuts (x1) and a composite good (x2). His utility function is U = x1x2. His marginal utilities are MU1 = x<
When households’ start increasingly to prefer current consumption over future consumption, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income rises. (z) equilibrium rate of investment within hu
Can someone please help me in finding out the accurate answer from the following question. Raised demand for beer would be most probable to follow a fall in the: (1) Legal drinking age. (2) Price of ale. (3) Price of hard liquor. (4) Price of wine.
One main difference between income and wealth is which: (w) wealth is inherited, income is earned. (x) income generates wealth, wealth cannot generate income. (y) all income is subject to taxation, most wealth is not. (z) wealth is a stock variable, i
To begin up his own business, Mitch quit his salaried job and invested $10,000 in savings which had earned him $1,000 per year in interest. He as well employs an apartment as his office that he previously had rented out for $6,500 per year. Which of the following is n
Within purely competitive industries: (w) short-run market supply curves are positively sloped. (x) long-run market supply curves are positively sloped. (y) short-run supply is more elastic than long-run supply. (z) economic profit exceeds accounting
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