Physical quality of life index
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
A prosperous person who made higher and higher incomes yearly would possibly benefit most from: (w) proportional tax system. (x) progressive tax system, much like the one in place today. (y) regressive tax system. (z) fixed percentage tax system. Q : What is the difference between profit What is the difference between profit and producer surplus?
What is the difference between profit and producer surplus?
Illustrate a point on consumption curve at which APC = 1. Answer: APC = C/Y = 1 is possible when C = Y, that is, Consumption is
Illustrate which budget expenses does not result in the creation of assets or reduction of liability. Give illustrations too.
Question: Suppose firm 1 and firm 2 merge. Call the new firm A. It has output xA and profit πA. Suppose there is Cournot competition after the merger. For now, we assume that the marginal cost of Firm A, the mer
Multiplier: The Multiplier is the ratio of change in income by the change in investment. Multiplier (k) = ΔY/ΔI
What are the “powers of the Federal Reserve
Bank rate: This is the rate at which the central bank loans money to commercial bank.
Economists agree that inflation beyond a moderate rate is undesirable as it can often prove disastrous and therefore, it must be kept under control. Economists agree also that an appropriate mix of fiscal and monetary policies can be helpful in controlling inflation.
18,76,764
1924744 Asked
3,689
Active Tutors
1413538
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!